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Verizon Wireless introduces $30 upgrade fee

Verizon Wireless introduces $30 upgrade fee

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Your new phone is about to cost just a bit more if you're on Verizon Wireless, as the company has just announced that it is going to institute a $30 upgrade fee come April 22nd. The fee applies to customers who are due for an upgrade and purchase a new, subsidized phone with a two-year contract.

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Verizon Wireless store (1020)
Verizon Wireless store (1020)

Your new phone is about to cost just a bit more if you're on Verizon Wireless, as the company has just announced that it is going to institute a $30 upgrade fee come April 22nd. The fee applies to customers who are due for an upgrade and purchase a new, subsidized phone with a two-year contract. The company says that the new charge will "help us continue to provide customers with the level of service and support they have come to expect," but we're sure some of it has to do with the high cost of building out (and purchasing spectrum for) an LTE network. Verizon is the last major carrier to implement such a fee — AT&T and Sprint both charge their customers $36, and T-Mobile has an $18 fee.