Sprint Corp. on Friday announced its one-year upgrade plan, called One Up.
The plan, following similar programs at T-Mobile and AT&T, allows customers to have a new phone each year. Like plans at other carriers, it also includes an installment payment plan for the new devices. Overland Park, Kan.-based Sprint said One Up spreads the cost of the new phone over 24 monthly payments, with the size of the final payment varying in some cases.
To qualify for Sprint’s One Up, customers are required to surrender their current device in “good and functional condition.” Customers must sign up for two years of service under one of Sprint’s unlimited data plans.
Existing Sprint customers also can qualify for the One Up upgrade plan if they have had their current phone for 12 months but have not qualified for an upgrade.