AT&T Simplifies Smartphone Purchase and Upgrade Options

Customers Can Choose a Lower Monthly Payment or a Quicker Upgrade

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May 23, 2016, 09:30 ET

DALLAS, May 23, 2016 /PRNewswire/ -- AT&T* is providing new and existing customers with simpler and more flexible ways to upgrade to a new smartphone.

We know you want flexibility and choices. With our new plans, we're giving you the power to decide between lower monthly payments or the ability to upgrade to the latest smartphone sooner.

Starting June 9, AT&T will simplify the smartphone purchase experience from 4 installment options to the 2 following¹:

AT&T Next Every Year^SM: Upgrade to a new device every year, with a 24-month financing program term.
AT&T Next^®: Upgrade every 2 years, with a 30-month financing program term.

With the new options, consumers and businesses can reduce their monthly payments:

Device Trade-in: Customers who own their device can trade it in and apply the value toward the new device cost in AT&T retail stores.
Down payment: Customers can put money down at the time of purchase to apply towards the new device cost.

Here's how it works:

	AT&T Next Every Year	AT&T Next
Primary Benefit	New device every year	Lower monthly device payment
Upgrade Eligibility	12 monthly payments or 50% of retail device cost paid off and trade-in of eligible device	24 monthly payments or 80% of retail device cost paid off and trade-in of eligible device
Pay Off Phone	24 months	30 months

For well-qualified customers, an optional down payment at the time of purchase lets you get lower monthly payments by reducing the financed amount.

¹ Req's 24 or 30-mo. 0% APR installment agmt & elig. svc. Tax due at sale. Down-payment may be reqd. If svc is cancelled, device balance is due. Upgrade req's 50% or 80% payment of retail price, trade-in of financed device in good condition & elig. smartphone purch w/qual. svc. Deposit may be req'd. Fees, charges & restr's apply. Examples: $749.99 retail price (1) on AT&T Next is $0 down and $25/month or $225 down and $17.50/month; or (2) on AT&T Next Every Year is $0 down and $31.25/month or $225 down and $21.88/month.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, mobile, high-speed Internet and voice services. We're the world's largest provider of pay TV. We have TV customers in the U.S. and 11 Latin American countries. We offer the best global coverage of any U.S. wireless provider*. And we help businesses worldwide serve their customers better with our mobility and highly secure cloud solutions.

Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2016 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

*Global coverage claim based on offering discounted voice and data roaming; LTE roaming; voice roaming; and world-capable smartphone and tablets in more countries than any other U.S. based carrier. International service required. Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.

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SOURCE AT&T