We all knew it was coming, but an update to Verizon’s official FAQ has sounded the final death knell for the ‘New Every Two’ program allowing customers to upgrade their handset at a discounted cost every two years. New lines and new customers will, as of now, not be eligible for discounted upgrades every two years, while existing customers signed up before the policy change are entitled to one more before they too will be relegated to paying out bigger bucks for new hardware. Looks like VZW is content on making you keep the phone you have for a while, and just like the end of unlimited data slowly spread across carriers, we won’t be surprised if other mobile providers slowly start to withdraw their two year upgrade policies.
[via Engadget]