Apple’s iPhone 4 (Verizon iPhone available February 10th) being available to Verizon Wireless customers, is old news, right?
No, not when the whole story hasn’t been told.
On January 12, just one day after the Verizon iPhone announcement, the Wall Street Journal reports on a major policy change at Verizon Wireless. There Hello Verizon iPhone, Goodbye Upgrades story, confirms Verizon will no longer offer upgrade pricing (I.E. New every Two) and phone upgrades will be pushed back from 13 months to 20 months.
The last time I renewed my contract, I was promised the New every Two promotion. Will they still honor it?
It doesn’t sound like it.
Previously, Verizon Wireless customers, who already have smart phones, would have qualified for up to $100 towards a new phone. This credit could have made it possible to get an iPhone for $100. Now, it is being reported, this wont happen.
According to WSJ, Verizon will not offer this program to customers after January 16th.
Verizon is confident people will buy the iPhone anyway, regardless of the new policy, and I’m sure they will. However, this is very likely to turn into a huge lawsuit, which could cripple Verizon’s profits.
Surely Verizon Wireless would have taken this into consideration, right?
They wouldn’t knowingly try to back out of benefits, explicitly offered, to their customers when they signed up, would they?
Verizon touts 94.1 million U.S. subscribers, as of Q4 2010, so you think there will be enough people, angered by the new policies, to land Verizon in Court.