AT&T has announced a new addition to its AT&T Next plans. The new plan is called AT&T Next 24 and it will be launching on November 9th of this year.
The AT&T Next 24 will join other existing Next plans currently offered by the carrier. There is the Next 12, which lets subscribers to upgrade their smartphones after completing 12 regular monthly payments, and there is the Next 18, which allows customers to upgrade handsets after 18 monthly regular payments.
Accordingly with the soon-to-be-launched AT&T Next 24, subscribers will be able to get a new smartphone for $0 down and then spread the full cost of the device for over 30. When they have completed 24 monthly payments, they will be able to upgrade to a new device.
Any AT&T Next plan is available to every smartphone in AT&T's arsenal. Furthermore, subscribers are awarded some bit of flexibility with regards to the installment arrangements (which are interest-free) -- they can agree to shell out $10 per month, or if they can afford it, $50 per month, basically whatever that fits their current financial capabilities. Also, customers can also enjoy discounts, especially when they agree on a two-year commitment on AT&T.
Those new to AT&T Next may be confused with the names of the plans. They may think that the number on the plan refers to the duration of their monthly payments, when it actually refers to the number of months that users can upgrade their smartphones at the soonest. For instance, when you avail of an AT&T Next 12 plan, you will be allowed to upgrade your handset after you have made 12 monthly payments, but in actuality, you will still have to continue the regular payments until the 20th month.
But still, signing up for an installment plan has its advantages. For one, it can lower the wireless service bill. Subscribers who are also under an AT&T Mobile Share Value can save $15 to $25 on their monthly bills, depending on which data allotment they chose. As for users who opt to keep their handsets after paying them off also get to keep the discount.
There was a time when installment plans, like AT&T's Next plans, were not that common. Most of wireless carriers had offered subsidized plans, in which subscribers may pay a higher service charge fee in order to get a handset at a lower cost. But today, more and more carriers are adapting installment plans as opposed to subsidized plans, or even contract plans.
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