Android Central is reporting Verizon is looking to eliminate rebates for all smartphones with a net price of $150 and up. Smartphones priced $149.99 and lower will still maintain the associated rebate, usually $50.
The rebate for the high-end phones will be directly applied to the cost, instead of requiring the subscriber to mail-in for the rebate. The new move, which comes just ahead of Verizon Wireless’ iPhone 4 launch, is likely a result of the imminent release of Apple’s smartphone as the carrier will not require a rebate with iPhone purchases.
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