Verizon To Charge $30 To Upgrade Your Phone

[sunnyd]

Story : http://money.cnn.com/2012/04/11/technology/verizon-upgrade-fee/index.htm?hpt=hp_

Thinking of upgrading your phone with Verizon? Better do it fast.

On April 22, Verizon Wireless will institute a $30 upgrade fee for existing customers who purchase new phones with a two-year contract.

The fee would hit any Verizon customer signing up for a new two-year plan and receiving a discounted device. Early upgraders who pay the full price of a new phone would not be impacted.

"This fee will help us continue to provide customers with the level of service and support they have come to expect," said Brenda Raney, spokeswoman for Verizon Wireless