Sprint announced a time-limited offer that guarantees all T-Mobile customers a minimum of $200 instant trade-in value when they take their wireless number to a participating Sprint store and trade in their current working T-Mobile smartphone. The offer will wipe out early-termination fees Sprint customers pay when they withdraw early from their existing plans. Sprint is currently the third largest operator in the United States, a position which T-Mobile, based on the statement of its CEO, John Legere, expects to attain upon the announcement of its fourth quarter results.
The latest promotion which is available through April 9, can also be combined with a contract buyout offer, where eligible T-Mobile customers can get up to $350 per line via a prepaid or reward card to cover their installment billing balance on their current device or early termination fees after online registration.
According to Sprint, last year, it has put more than $250 million back in customers’ pockets with its trade-in program via its Sprint Buyback.
Kate Pearce, Director of Mobility Research and Senior Wireless Consultant at Compass Intelligence
Year after year Sprint continues to lead the way among all major U.S. carriers for its phone trade-in program because they make it easy and rewarding for their customers. Their program allows the flexibility and financial benefit customers are looking for when they’re thinking about upgrading to a new phone or switching carriers.
Chad Lander, Director of Sprint’s Buyback and Phone Trade-in Program
Our industry-leading program gives customers a clear and immediate financial incentive to turn in their old phone. We’re able to target customers, like those from T-Mobile, offset any termination fees, and provide a far superior offering.
