One is another option to buy a device, the other is giving the carrier more money for no good reason
We've seen a big couple of days in the mobile space. Following T-Mobile's announcement of its "boldest moves" last week that included a new way to upgrade your phone more often, AT&T announced today that it has launched its own device financing and upgrade scheme. "AT&T Next", as it is called, gives you another option to buy a phone outright on the carrier by paying the unsubsidized price spread out over 20 monthly payments. Similarly, T-Mobile's newly-announced JUMP! upgrade service lets users build on its device financing service to also allow returning of a device twice a year for a new handset with a monthly fee.
Both of these plans are new ways for you (and the carriers) to think about the device purchasing agreement, but that doesn't mean they're created equal. Let's do some (simple) math after the break.
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