Wednesday, April 3, 2013

Verizon CEO says he's open to dropping contracts


Verizon CEO Lowell McAdam.


(Credit: James Martin/CNET)

Verizon CEO Lowell McAdam cracked open the door to a full no-contract wireless world.


McAdam said it was "pretty easy" to change up the model to eliminate contracts, and added that he would watch the consumer response that T-Mobile gets from its recent decision to drop contracts and phone subsidies altogether. He indicated a willingness to follow suit if consumers start asking for it.


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