Sprint mind as well just change its colors to magenta. America’s third largest wireless carrier today announced a new scheme to lure AT&T and Verizon customers to jump ship and switch to Sprint. Not only will Sprint pay up to $350 to buy you out of your current contract, the company will also offer you a new wireless plan similar to the one you have with Verizon or AT&T for half the price. You’ll have to trade in your old phone and grab a Sprint device however, which can be done with a payment plan if you don’t have a ton of cash to plop down.
Of course, there are a few catches, or as I like to call them deal breakers. While venturing into the fine print of the press release, it becomes clear that Sprint will be throttling its new customers’ data connections, and possibly putting new customers at the bottom of the priority ladder. That means even more headaches coupled with Sprint’s already spotty service. And that $350 payout you’ll get to switch carriers? Don’t expect to receive that anytime soon; you’ll have to have your Sprint line for at least 45 days before you’ll get your $350 Visa prepaid card. Oh, and Sprint says it could take up to 12 weeks for that to arrive. So if you do this thing now, do so knowing it could be 3 or 4 months before you get your money.
So give it some thought before you jump in bed with Sprint, and make sure that coverage in your area isn’t complete crap. It’s gonna take a while to get your money, and Sprint could very well throttle your connection. To me that’s just not worth the discount – but to each his own, it could be beneficial for you. Check out the press release below for more info.
Offer to Verizon and AT&T customers – bring your wireless bill to Sprint and we’ll cut your rate plan in half
Plus – Sprint will buy out your contract up to $350 per line
OVERLAND PARK, Kan. (BUSINESS WIRE), December 02, 2014 – In an unprecedented move, Sprint (NYSE: S) today announced it will cut in half the monthly rate plan for Verizon and AT&T customers who switch to Sprint beginning Friday, Dec. 5. With the Cut Your Bill in Half Event, Sprint will provide unlimited talk and text to anywhere in the U.S. while on the Sprint network – regardless of a customer’s current plan – and match the customer’s data allowance for half the cost they are currently paying for their monthly rate plan.1
“The Cut Your Bill in Half Event clearly demonstrates that Sprint delivers the best value in wireless,” said Marcelo Claure, CEO, Sprint. “It’s as simple as this: Bring Sprint your Verizon or AT&T bill along with your phone and we’ll cut your rate plan in half. That’s a 50 percent savings on your rate plan every month. And this great deal is not just a promotion. This will be the customer’s ongoing price.”
Beginning Friday, Dec. 5, Verizon and AT&T customers switching to Sprint need to follow these simple steps to take advantage of this limited-time offer:
1. Visit sprint.com/halfprice to upload a copy of your current bill.2
2. Bring a copy of your latest bill and all of the phones on your Verizon or AT&T account to turn in to your Sprint store.
3. A Sprint representative will select the service plan that most closely matches the data allowance in your current monthly rate plan.3
4. Get your new phone with one of our leasing options, Sprint Easy Pay(SM) installment billing, or pay full retail price for the device.
Customers also may take advantage of the Cut Your Bill in Half Event via Sprint.com. For more information visit www.sprint.com/halfprice.
Additionally through this offer, Verizon and AT&T customers on a contract are eligible to save even more. Sprint will pay up to $350 per line via a Visa® Prepaid Card for their early termination fee or installment bill balance when they switch. Once a customer has received the final bill from the other carrier, he or she may simply register for the Visa Prepaid Card at sprint.com/jointoday.4
The half-off rate from Sprint will be based on the monthly voice, text and data rate plan charge for all lines on the customer’s Verizon or AT&T bill. For example, Verizon customers paying $140/month for four lines of service to share can get four lines of service from Sprint for $70/month. Customers are entitled to the half-off rate as long as they remain on the plan.
The Sprint 4G LTE network serves more than 540 cities, making it easy for customers to enjoy data on their devices.
Sprint (NYSE: S) is a communications services company dedicated to delivering the best value in wireless. Sprint served 55 million customers as of Sept. 30, 2014, and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America for the last four years. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.
1 Requires valid port from AT&T or Verizon to consumer account with $10 min. monthly rate charge. Discount does not apply to certain charges such as taxes, surcharges, add-ons, apps, premium content, int’l services, devices, partial charges or add’l lines. Uperience for the majority of users, throughput may be limited, varied or reduced on the network.sage Limitations: Other plans may receive prioritized bandwidth availability. To improve data ex
2Bills uploaded online must be in English. Spanish language bills will be accepted at Sprint stores.
3 No cash back on turn-in. Must be current phone in good working order. If competitive phone is not turned in within 30 days from activation, a non-return phone charge of $200/line applies.
4All lines must be ported from an active wireless line at another carrier and remain active and in good standing for at least 45 days to receive the prepaid card. Register through March 15, 2015. Allow 12 weeks for your prepaid card to arrive.