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Worth it to pay a fee to upgrade your cell phone early?
DENVER -- For years Verizon’s slogan has been, “New Every 2”, but the idea of waiting 2 years to get a new cell phone is changing. 3 out of the 4 major cell phone carriers have released new plans in the past few weeks that let users upgrade more often… for a fee. T-Mobile Jump, AT&T Next and Verizon Wireless Edge all work in different ways but have the same basic concept. You pay an additional fee on top of your existing monthly fee. This fee is based on the total cost of the phone. After a certain amount of time (6 months to 1 year) you can hand your phone back over to the cell phone store and they will let you upgrade to a brand new phone. The fee structure is reset and the cycle starts all over again.