So mom upgrades to a new smartphone, then decides she doesn't like the phone and so she "sells" the phone (actually gives it away) to her son. He in turn is simply doing an exchange from phone A to phone B on him unlimited plan. It's no different for him than a simple ESN change as if he bought the phone full retail or bought it off the Web. As for mom, she's on the hook under contract for two years to continue the service and data plan she used for the upgrade. If she terminates, she's charged the early termination fee and whatever additional recovery costs for the subsidized phone, but Verizon can't touch the phone. Her son is simply
The lucky new phone recipient.
I can see people "selling" thier future upgrades to people who don't want to pay full retail but also don't want to lose their unlimited plan. The market for these "upBay" phones will be huge.
Sent from my DROID RAZR using Tapatalk 2