Several years ago if you wanted to buy a phone from any of the major carriers, one of the ways of doing it (apart from buying it outright) would be to sign a 2-year contract. This contract tied you to the carrier for 2 years, but at the same time offered you a massive subsidy on the price of your phone.
However over the years carriers have started to move away from the contract model and it looks like Sprint is the last of the major carriers to do so. According to a photo obtained by Android Central, an internal memo that was leaked confirmed that Sprint has officially killed the 2-year contract. The memo says “Effective today,” but we can’t be sure when the memo was released but it does sound like the 2-year contract plans have been killed off.
Like we said this makes Sprint the last of the major carriers to do so. The carrier actually announced their plans last year and stated that they would make the move by the end of 2015, but if this memo is recent then it looks like the carrier only put it into effect in 2016, but better late than never, right?
We would actually have to give T-Mobile credit for kicking this off. The carrier announced back in 2013 that they would be ending contracts. It sounded controversial but carriers such as Verizon followed suit, with AT&T announcing their plans to end contracts in December of 2015 which would have come into effect on the 4th of January, 2016.
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