Verizon rules out service fee changes in new phone offer

By Sinead Carew NEW YORK (Reuters) – Verizon Wireless will let customers upgrade cellphones more frequently if they pay for their devices in installments, but analysts expect few takers unless the leading wireless provider lowers monthly service fees as well. Analysts said customers would effectively be paying for their smartphone twice under Verizon's plan and a similar offering announced by No. 2 U.S. mobile service provider AT&T Inc on Tuesday. …

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Verizon rules out service fee changes in new phone offer

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