T-Mobile will allow customers to finance accessories on EIP
T-Mobile certainly made a name for itself when it did away with contracts and began selling phone on equipment installment plans, instead. Most people find this method of selling cell phones much more honest and transparent than the old subsidy system, which is probably why T-Mobile later decided to do the same thing with tablets. But why stop there?
According to a leaked internal memo that TMoNews got its hands on, on July 20 the nation’s fourth largest cell phone carrier will start offering accessories on EIP, too. Details are unclear right now – we don’t know if T-Mobile will have a minimum dollar amount for customers to finance, and whether or not the period will be for a full 24 months like it is phones. It is also possible that customers will only be able to finance accessories at the same time they purchase a phone.
In any case, this seems like a good idea for T-Mobile to push a few more products, increasing its profit margins – and if that results in a faster LTE rollout, then I’m all for it.[TMoNews]