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by thisislife2
638 days ago
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> people in poverty wont be able to get iPhones for $100 upfront anymore And that's good - those who are financially constrained shouldn't be getting (enticed) into debt-traps by buying a brand-new high-priced device when really cheaper alternatives are available. Note that the article points out that Verizon already unlocks all their phones after 60 days due to a previous agreement with the FCC. So this has already been "tested" in the marketplace and Verizon hasn't wound up this business model of payment plans. The article also points out the consumer benefit of this FCC policy - once Verizon unlocks its phone, their customers have more freedom to try other services through trial eSims, while customers of AT&T and T-Mobile can't because of their (longer duration) locked phones. |
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There's no functional difference between "If you're poor, you should save $50/month for the next 2 years, and when you do that, maybe then you can get that $1200 phone", versus "You can pay $50/month for the next 2 years and get that $1200 phone now", other than bias against the "financially constrained".