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Why doesn't Verizon Wireless have a "Bring Your Own Device" monthly plan like AT&T?

iphone_lover
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AT&T has a Bring Your Own Device montly plan which would cost our family of 4 only $160 per month vs. $237 per month we are paying Verizon. The $237 per month plan includes discounted phones every 20 months, but since we don't need new phones that often, the montly savings for our family of 4 would be substantial to bring our own phones to Verizon.

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