(Ping! Zine Web Tech Magazine) – A new initiative from AT&T called “AT&T Next” will allow customers to upgrade their smartphone and tablet devices on a yearly basis.
The top wireless provider announced the move on Tuesday and the program is set to kick in beginning July 26th.
“With AT&T Next, 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. AT&T Next is available for new AT&T customers or existing customers who are upgrade eligible,” stated the company via a press release.
AT&T, however, plans to charge interest on the monthly payments, something that can range between $15 and $50. Interest is dependent on which device the customer selects.
The move follows T-Mobile’s introduction of its own early upgrade plan called “JUMP!”