All you need to know about no-contract phones
With phone companies introducing refreshed versions of their existing flagships every year, consumers are tempted to upgrade at the same pace. However, it may not be such an easy or inexpensive process for cell phone users who have a contract-based plan. This is because telecom companies require the user to pay an early termination fee for canceling the contract in the eventuality that the user intends to leave the plan before the term is completed.
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