AT&T, T-Mobile, Verizon usher aggressive promos for iPhone 12 lineup - Business Insider

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AT&T, T-Mobile, and Verizon are betting that steep iPhone 12 promotions will more than pay off over time

The US wireless carriers are betting that steep iPhone 12 promotions will more than pay off over time—here's why:

US wireless carriers are turning to promotions now in hopes that they will be able to secure new or retain customers throughout the 5G era. The most common time for wireless carriers to lose or gain subscribers is when customers switch smartphones, The unusually aggressive device promotions also likely reflect the higher lifetime value of 5G customers. By 2025, 5G subscribers are expected to generate 2.

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