Verizon CFO speaks out against ending subsidies for mobile phones

Verizon Communications Chief Financial Officer Fran Shammo talked during a a Deutsche Bank conference about phone subsidies and the mobile phone industry in the United States. According to CNET, Shammo claims the carrier subsidy model, which allows customers to pay less for a phone in exchange for a two-year customer agreement, is not likely to change anytime soon.
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This is a syndicated post. If you are interested please read the full article from its original source at iPhone Hacks | #1 iPhone, iPad, iOS Blog.

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