Verizon Officially Announces Their Edge Upgrade Program With Few Details

Discussion in 'Android News' started by dgstorm, Jul 18, 2013.

  1. dgstorm

    dgstorm Editor in Chief
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    Just two days ago we shared a rumor that Verizon would be offering their own version of T-Mobile's "Jump" program, and that it would be called VZ Edge. It looks like the leak was accurate, because VZW just officially announced it this morning. They announced it in a small press blurb on their website, with very few details present.

    For the most part, from what they did share, it looks like it will be exactly as the leak described. Here's a quote from the Big Red landing page with a source link below,

    Although this does offer folks faster upgrade options, unless the later details change things up with this plan, it's hard to see this as anything but pocket drain on Verizon customers.

    Source: VerizonWireless
     
  2. hunter9604

    hunter9604 Member

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    Still forcing the unlimited, grandfathered, long-time customers into the "share everything" bologna! Wish they'd wake up and smell the roses.... We, that have our unlimited plans aren't going to give them up. But that's what they're counting on, aren't they?
     
  3. dezymond

    dezymond Tech Support Mod
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    That's Verizon's MO; rid of all unlimited data plans.

    I'm surprised that Verizon, T-Mobile, and AT&T finally decided to bring back something similar to "annual ugprades" when today cell phones don't have such a significant leap from generation to generation. Had they implemented this maybe 2 years ago I think more people would've bought into the idea, but with how powerful phones are today, many are happy to hang onto their devices for 2yrs. This new plan only targets a very small majority, but people like to "sheep" so maybe it will turn out to be a great idea.
     
  4. Miller6386

    Miller6386 Developer
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    Hhmmm mm...... Interesting... So let's say I do this.... Right now I have a note 2, but let's say Aug 25th I go in and want an s4... I am on a share everything plan, so I will sign up get the s4 pay the 25 or 30 for the first month..... I would assume I keep my note 2,but what happens to my contract do i have to re-sign it? Then let's say 6 months after that I want the note 3 so I go back in pay the 30 or whatever the first month is plus pay off the s4 so I've paid 50 percent of retail.... But do I keep the s4 also? And do i have to sign another 2 year contract??

    This is the info they should have included.

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    #4 Miller6386, Jul 18, 2013
    Last edited: Jul 18, 2013
  5. TatDroid

    TatDroid Active Member

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    It's easy to see why they "brought it back". This will be a huge cash cow. By not reducing the cost of your monthly plan (which INCLUDES $10 to $15 to subsidise the cost of your phone) they are now ALSO asking you to pay the retail price of the phone in installments. Brilliant!
     
  6. mountainbikermark

    mountainbikermark Super Moderator
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    Pay half the retail price of the phone and upgrade after 6 months. If I was able to keep the phone that'd be a good deal but I didn't see anything that says it's different from ATT where you turn the phone back in.
    I can see it now Verizon rep says "yes Mr customer, you make a payment of $300 to get you to the halfway point, give me your almost old phone and we give you the privilege of paying us $x00 spread out over the next 24 months" . Mr customer says "wow what an awesome deal so I can get an iPhone 5s to replace my iPhone 5, give up my unlimited data plan and get to pay you exorbitant amounts for data plans! Thank you Verizon sales rep for making my dream come true"

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  7. dezymond

    dezymond Tech Support Mod
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    I wonder how many people are going to use this plan and then get all riled up when they find out they can't keep their old phone. I know the reps will tell them this but many people tend to be "caught up in the moment" especially when it comes to a new phone, and we tend to forget the little details and fine print.
     
  8. Miller6386

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    They can't charge you half the retail price then take the phone back... No one in their right mind would do that. If I pay half I'm keeping the phone.

    Proudly from Beer Tent Capital of the World
     
  9. mountainbikermark

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    Back a gazillion years ago when I got my first contract that's how it went anyway. You signed a 1 year deal, paid a subsidized rate, after 1 year you either went month to month or signed another 1 year, gave back your old phone and got a new one at subsidized rate (anything other than a bag phone was $100 or more). That was back before text and data networks so the only add on was insurance if you wanted it.
    BTW, $50 a month got me a whopping 100 minutes, no night and weekend and my "home area" was about 6 square miles, ANY call out of home area was .69 a minute and counted against my free 100 home minutes. I pay $220 a month now for 4 lines with a whole lot more features and sometimes back in the day my bill would be higher, for 1 line after roaming, than it is today.
    Not taking Verizon side, but it could be a whole lot worse.

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  10. dezymond

    dezymond Tech Support Mod
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    Dang. So by today's prices we're practically robbing the companies:D

    This is a good reminder of how good we have it today with technology. I would pay $220 for 4 lines with all these features in a heartbeat vs an old plan where I'm charged for turning the phone on cause I'm possibly roaming outside of my 6 square miles.
     
  11. TheOldFart

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    Sure, you can decide that you aren't giving it back. However, Verizon can decide that they aren't going to give you the new phone until you give the old one back. What are you going to do about it? Nothing.
     
  12. mountainbikermark

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    People do it every day. It's also known as an auto lease. Then there's the rent to own furniture/computer/tv store. Those same mindset people will probably fall all over themselves taking advantage of the awesome deal Verizon and company now offer.

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