Leaked internal memo reveals that Sprint will end two-year contracts and subsidized pricing again

Leaked internal memo reveals that Sprint will end two-year contracts and subsidized pricing again
A leaked image of a document meant for Sprint reps' eyes only indicates that the carrier will end subsidized pricing and the two-year contract option on May 24th. Customers will be able to pick up new handsets by using an equipment installment plan, leasing them with an option to buy or upgrade, or by paying the full retail price.

Sprint originally dropped the two-year contract and subsidized pricing at the end of last year. But by the time February was coming to an end this year, Sprint had reinstated subsidized pricing and two-year contracts for existing customers only. According to the leaked memo, that comes to an end this coming Tuesday.

Even with all of this back and forth, Sprint reported its first operating profit in 2016 for the first time in nine years. Ending subsidies (again) could improve margins and the bottom line. 

Keep in mind that for now, this is just a rumor based on what appears to be the leak of an official looking memo. As soon as we hear something from Sprint, we will pass it on to you.


source: AndroidCentral

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10 Comments

1. Mxyzptlk unregistered

Too bad Sprint can't end bad coverage.

4. JEverettnow

Posts: 228; Member since: Mar 11, 2013

I have Sprint and AT&T and the Sprint phone has better service in my area than AT&T. I haven’t had a dropped call in well over a year. The only gripe I have is that Sprint is an extremely unethical company. I know because I was a tech for them. Also, the network engineers knew that the equipment wouldn’t work properly and they deployed Spark anyways. So the phones always switch back and forth between 3g and 4g. This will never be fixed. Other than that the service is good!

5. QWERTYphone

Posts: 654; Member since: Sep 22, 2014

Agreed. No one gives a F about Sprint because the service sucks !!!!!

2. aegislash

Posts: 1531; Member since: Jan 27, 2015

The struggle Sprint is going through is real, and it's showing.

7. tuminatr

Posts: 1164; Member since: Feb 23, 2009

its simple its more profitable to not offer contracts, plus when someone is making payments on a phone and cancels they owe the remaining balance so who needs a contract to retain customers

3. RomeoJDR

Posts: 245; Member since: Dec 09, 2011

Only reason I've stayed with Sprint's spotty 4G is my unlimited data plan and not tacking on an extra $30/month phone payment. Relish your rare quarter profit. Take away the only advantage you provide and the flood gates will open

6. Nine1Sickness

Posts: 896; Member since: Jan 30, 2011

Bye bye Sprint. There is absolutely no incentives for current Sprint customers to stay with Sprint.

8. technitude

Posts: 263; Member since: Dec 19, 2013

I was ready to leave Sprint, but Costco was able to get me Best Buy's $60/month plan for unlimited Talk, Text, Data and a couple of tethering GBs. I'm about a 10GB/month user, so nobody can really beat that. My Verizon/ATT friends will not use GPS because they are data paranoid, and they are late to everything (later than me). Like I've said before, 2hrs late for skiing sucks. I just don't see how that's worth better coverage on farms.

9. bvalde09

Posts: 191; Member since: Nov 22, 2011

I used to work for Sprint it was roller coaster for 10 Years. but it was time for me to stop. I expect they will continue to do well. I could see the internal memo look legit I have seen many of them

10. Austiniter

Posts: 22; Member since: Dec 06, 2015

Is SPRINT still in business? SPRINT's brand is tainted from poor customer service, poor coverage areas, give-away pricing, and a network sub-par below any carrier out there. No carrier in their right mind would ever acquire SPRINT due to brand degradation. With SPRINT closing a huge amount of their stores and letting their people go (layoffs) maybe they'll move into the convenience store sector soon.

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