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AT&T to Offer Plan with No Service Contract

AT&T plans to offer its wireless customers the option of foregoing service contracts.
LITTLE ROCK, AR -- AT&T plans to offer its wireless customers the option of foregoing service contracts.

"AT&T Next" is due to start later this month, and will allow customers to buy phones using a finance plan that will add a payment to their monthly bills.

After 12 months, they can trade in that device for a new one, and the cycle begins again.
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