By Antone Gonsalves, ReadWrite Mobile
Apple has lots of big iPhone news today, but last week’s announcement that Sprint Nextel and Leap Wireless will begin offering iPhones without a contract could actually be just as significant – starting a massive change in how Americans buy and use mobile phones. Up till now, if you wanted an iPhone, you signed a two-year service contract with a carrier like AT&T, Verizon Wireless or Sprint, and got a big discount on the price of the phone. But under this new model you would buy the phone at full price, but pay less for service and avoid getting locked into a contract. Over two years, the prepaid model comes out to be significantly cheaper.
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