- Apr 12, 2001
The deal requires existing Verizon and AT&T customers to bring in their current bills, and Sprint will set them up with similar plans at half the cost of the service portion of their current bills (i.e., data, text and calling). Customers will have to buy unsubsidized devices or rent them through Sprint's new leasing plans.
In addition to the pricing plan discount, Sprint is also offering up to $350 to cover early termination fees or previous phone installment plan costs. Customers taking advantage of this offer must turn in their existing phones to receive the bonus.
The upcoming promotion does not include competitor T-Mobile, which already offers discounted prices and holds a smaller market share than AT&T and Verizon. It is estimated that Verizon and AT&T control up to 70 percent of the mobile phone market in the United States.
Update: Sprint's press release on the promotion outlines the full terms of the deal and the process customers must follow to take advantage of it.
Article Link: Sprint Offering to Halve Wireless Bills for Customers Switching From AT&T or Verizon