Verizon CEO says he would happily drop cell phone contracts

Verizon CEO says he would happily drop cell phone contracts:
All eyes are on T-Mobile as the carrier embarks on a new journey that will eliminate its standard cell phone service contracts in favor of a more transparent hardware financing model. U.S. carriers in particular will be watching this story unfold quite closely, and the chief executive of the nation's top carrier recently said he would happily drop the cell phone contract model if Verizon Wireless subscribers express interest in this new model en masse.

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