NEW YORK— Verizon's “New Every Two” deal is out the window, the company announced Thursday.
After announcing that they would be offering the iPhone 4 to it's customers on Tuesday, the company turned around and said their “New Every Two” upgrade program will no longer be available starting on January 16.
New customers won't be eligible anymore for this upgrade, and current customer will be dis-enrolled after their new upgrade.
The program would grant subscribers a credit between $30 to $100 toward a new phone every two years. Without this, that could mean there will be higher costs for those wanting an upgrade. Exisiting customers will lose the upgrade once they upgrade, and even if they don't upgrade, it still won't hold over for the iPhone 4.
There's still no word on what plans Verizon will offer for the iPhone, and whether any new upgrade programs will be instated.