this post was submitted on 28 Jun 2024
708 points (99.9% liked)
Technology
60082 readers
3315 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not like they used to, mostly. They just replaced "contract" with "equipment payment plan". Because $50/mo for 24 months is easier for a consumer to swallow than a lump payment of $1200, especially when the carrier is giving you a $10 or $20 (or more) "discount" on the phone.
But as long as the EPP is active, the phone is locked to that carrier. And I think that's fair. No different than the bank holding the title while you finance a car.
The thing is that the plans that have these equipment deals are significantly more expensive than others. Namely big name plans like TMo or Verizon, compared to MVNO plans like Mint or Visible. So you end up paying more for the plan because you get "a deal" on your phone (but still end up ultimately paying more).