Verizon CFO confirms Edge, another early upgrade plan

Verizon's flagship Droid DNA.

Stuck with the Droid DNA and want to switch? There the Edge program.


(Credit:
Sarah Tew/CNET)

Verizon Wireless is jumping on the early upgrade bandwagon too.

Verizon Chief Financial Officer Fran Shammo confirmed an upcomingprogram, Edge, during a conference call on Thursday. He said there is a demand for early upgrade programs too. Shammo, however, was light on the details of Edge.

Edge follows similar early-upgrade programs that were recently announced, with T-Mobile kicking things off with its Jump program last week, and AT&T following up with Next two days ago.

The plans, while offering the option to upgrade after six months or a year, have been criticized as a costly option for customers. AT&T’s plan, in particular, appears to be particularly pricey, with T-Mobile criticizing it and claiming customers “pay twice” for their smartphone: once with the overall cost of the phone, and twice with the higher subsidy-related service fee. T-Mobile slashed its service plans before going to a no-contract model, but charges an additional $10 fee to be a part of the Jump program.

Shammo said Verizon Wireless would have more details on the Edge program at a later time.

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