Tuesday, July 16, 2013

AT&T Next Expands Smartphone Financing Options

AT&T is preparing to launch a smartphone upgrade program that lets customers upgrade once per year with no down payment, no activation fee, no upgrade fee and no financing fees.

AT&T Next allows customers purchase a smartphone or tablet with no down payment and agree to pay monthly installments for the device. After 12 payments, they can trade it in and upgrade to a brand new device — again with no down payment — or they can keep using their device and have no more payments after 20 months. The interest-free monthly device installments range from $15 to $50, depending on the device selected.

"With AT&T Next, customers can get the newest smartphone or tablet every year with no down payment. That’s hard to beat, and it’s an incredible value for customers who want the latest and greatest every year," said Ralph de la Vega, president and chief executive officer of AT&T Mobility.