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The Wrong Way (and One Right Way) to Upgrade Your Phone at Your Own Pace

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Tech

My head hurts. I’ve been reading up on AT&T Next, T-Mobile Jump and Verizon Edge, the three new wireless-carrier options which allow consumers to upgrade their phones more frequently than the standard two-year time frame. The details of the three offerings vary, but all involve divvying up the cost of a new phone into monthly payments of one sort or another — on top of whatever else you’re paying for service — and turning in your old handset to get the new one.

Man, are these deals confusing. And even though the monthly charges aren’t ginormous, they add up into deals that don’t sound so much like deals. My colleague Jared Newman was skeptical about T-Mobile and AT&T’s plans last week, and there’s no reason to classify Verizon’s offering as anything other than more of the same.

The Verge’s Nilay Patel rips into the whole concept:

In…

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