After the long speculations AT&T will dumps the 2 year contracts on January 8th 2016. On Wednesday AT&T sent out a document to its employees informing them that customers will only be able to buy new phones by signing up for the AT&T. Customers will only be able to get new phones by paying the full price upfront or in installments over time.
There will also new installment plans introduced specifically for Basic and Quick Messaging devices, so even if you want a flip phone, you’ll still have to either pay the full price up front. There is not much information about the wearables like Samsung Gear S2, etc which are on 2-year contracts. In this leaked images There is an indication that corporate accounts might be able to retain their two-year subscriptions, but everyone else is going to have to get used to a contract-less future.
Earlier this year reports came which suggests that AT&T and Verizon both began distancing themselves from two-year contracts, but throughout 2015, it has still been possible to extend a contract with both providers. That won’t be the case in 2016 now.