Mobile Phone Wars Heating Up
(CNNMoney)- Cellphone companies are in a battle for customers in the United States.
The latest punch was thrown by T-Mobile. It’s offering $650 if you cancel your contract with another carrier and pick up a T-Mobile plan.
Cancel your contract and R-Mobile will pay your termination fees up to $650. That deal includes a maximum of $350 per line and $300 per phone.
The catch? You must trade in your old phone and buy a new one from T-Mobile, and you can transfer your current number.
It’s the latest in the battle between AT&T and T-Mobile, the underdog that’s been hounding its larger rival on every front.
AT&T made a direct hit at T-Mobile days earlier. The company is offering T-Mobile customers $450 to switch.
You have to change service providers, trade-in your phone, and you’ll get gift cards and credits, not cash.
But still, it’t the latest sign of how viscous the mobile phone wars are.
To read the entire CNN article, click here.