updated 12:29 pm EDT, Wed May 16, 2012
Sprint memo reveals the company will no longer offer early upgrades
A leaked memo shared by TechnoBuffalo indicates that Sprint will put an end to its early upgrade program. Basically, the carrier let some users who were close to their hardware upgrade eligibility date -- say two weeks -- upgrade to a new phone. The change is due to "high costs," Sprint explained in the memo, and four other options are given to staff in order to appease customers.
The carrier is no doubt making the move because of its huge $15.5 billion investment in iPhone purchases. The deal is expected to roll out over four year, and it has already seen a deficit in 2012 partially due to the high subsidy it offers on each new model, at up to $450 off the $850 full cost of a 64GB iPhone 4S.