T-Mobile held a special event today to announce the death of the contract, with the carrier moving to a new model where customers purchase their own phone and are under no obligation to stick with their service over a long-term contract. It's cute, but here's the thing: smartphones are super expensive, so that either becomes an up-front cost, or one that's helpfully defrayed by T-Mobile over the course of a multi-year monthly installment plan payback.Source: http://feedproxy.google.com/~r/Techcrunch/~3/RpMKCAKt810/
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