Most customers say that AT&T Next Plan is a complete rip-off, which I agree, only compared to other AT&T Advantages. But this is some other important information to think about, compared to the Next Biggest provider, Verizon Wireless.
Verizon Edge is financed over 24 months vs. only 20 months with AT&T Next.
The first Verizon Edge monthly payment is due at point of purchase.
Tablets are not eligible with Verizon Edge but they can purchase tablets with AT&T Next.
A $35 activation fee is required on Verizon Edge (new lines only), not with AT&T Next.
Verizon Edge customers Must be on a Share Everything plan. Customers on Unlimited Data plans are required to get Verizon Max to take advantage of Verizon Edge.
Customers can upgrade every six months on Verizon Edge as long as 50% of the device is paid off and the phone is in good working condition.
Pricing Comparison (cost of wireless service not included) Verizon's final price with an iPhone 5 is $650. AT&T's final price with an iPhone 5 is $540.
*I am an AT&T employee and the postings on this site are my own and don't necessarily represent AT&T's position, strategies or opinions.
To add more information to prove why AT&T's Next plan is better than others.
T-Mobile Final Price for the iPhone 5 is $890,only because the monthly installment plans has to include Insurance and a $146 Down Payment will be included at the start of the service!
Always consider the cheapest option folks! Nothing about the AT&T Next should make you want to choose another provider; there are plenty other advantages to choose from.
This is a misrepresentation of T-Mobile's final price because you are combining two different scenarios in a way that will not be a typical outcome for one customer. The final price for a T-Mobile customer that doesn't participate in the JUMP program is $649.99; no insurance is required here.
If a T-Mobile customer does participate in the JUMP program, then it should be assumed that the customer will either upgrade in one year for the next iPhone, or will upgrade in six months, as the program is designed. If the customer upgrades at one year, the total cost will be $145.99 downpayment+$120 JUMP program fees + $252 installment payments for a total of $517.99. If the customer upgrades at six months, the total will be $145.99 downpayment +$60 JUMP program fees + $126 installment fees for a total of $331.99.
The numbers that you have above for AT&T and Verizon Wireless should be reworked to show a customer that actually takes advantage of the ability to upgrade "early", since that is the thrust/purpose of these programs.
Also, the difference of eligibility waits has to be factored in to the decision. An existing T-Mobile customer that wants to join JUMP can sign up now and be eligible to get a new device in six months. An existing AT&T customer who wants to join the Next program will have to wait until he/she is upgrade eligible to join, which can be close to two years from now for some people (rumors of the upcoming open enrollment period not withstanding).