AT&T has announced that two year contracts will not be offered starting January 8, in an effort to simplify billing plans for customers. AT&T has termed the step as ‘pricing simplification effort’. Starting January 8, AT&T Next and no-commitment will be the only option for new smartphone purchase.
In an internal memo sent to employees, the company said that both existing and new customers needing a new phone will have to either pay full amount upfront or they will have to choose from monthly installment options. The news was first reported by Engadget.