AT&T extends wait for new phone to 2 years

Published June 10, 2013 3:21pm ET



NEW YORK (AP) — AT&T is extending from 20 months to 24 months the time it takes for customers on contract-based plans to earn a fully subsidized upgrade to a new phone.

The move announced Sunday follows an identical one by Verizon Wireless in April. AT&T Inc.’s new policy applies to any customer whose contract expires in March 2014 or later.

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