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Now there's only one carrier left with 2-year payment plans

Now there's only one carrier left with 2-year payment plans
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First it was T-Mobile. Then Verizon followed up. Now one more of the big four cell service providers has killed the two-year contract, and that means there's only one left. In recent months, all four have revamped their payment plans.

Sprint's service and data plans will now be month-to-month as well. But the company still has a plan to keep you tethered to it.

Two-year contracts were standard because you got a new smartphone when you signed up or renewed your plan. Sprint's new proposition is similar. It's called the iPhone Forever plan. With iPhone Forever, you lease your iPhone for a $22 monthly fee (in addition to your data), and every time a new iPhone is released, you can trade up.

Sprint is offering anyone with a smartphone to turn in (even its own customers) a deal through Dec. 15: Trade in your smartphone and you'll just pay $15 a month for the new iPhone until you upgrade next year. And if you're under contract with another carrier, they'll buy it out.

The only catch is that they're only offering 16GB iPhones, so those of us who like to tote around massive music and video libraries would have to pare them down.

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Source: Wired
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