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March 28, 2013 03:00 am GMT

Can T-Mobile Change Wireless in America?

T-mobile-ceo

Mashable OP-ED

T-Mobile wants to kill the wireless contract. I think I speak for everyone in America when I say, "Have at 'em, cowboy." The company's plan to change the way the U.S. wireless industry does business is bold — and it might even have a shot — but as the nation's fourth-largest carrier, it's got a big uphill battle on its hands.

The idea is simple: Instead of selling cheap phones tied to two-year contracts that most customers loathe, instead sell the phone at full price and keep the price low by letting customers pay off the phone (interest free!) over two years.

Isn't that a contract by any other name? After all, if you want to switch carriers or buy a new phone, you'll still have to pay off the old phone, which is akin to an early termination fee. So your carrier gets your money either way, right? Read more...

More about T Mobile, Business, and Mobile

Original Link: http://feeds.mashable.com/~r/Mashable/~3/5iqLyorRFlg/

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