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Wireless Companies are Getting More Money out of Your Older Phone

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Cellphone carriers, once dependent on new device sales, are turning to price increases and premium service plans to boost profits

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https://www.wsj.com/business/telecom/wireless-companies-are-getting-more-money-out-of-your-older-phone-89fefba1AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.

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