by Joe White
August 10, 2013
After receiving a heavy dose of criticism for its "Next" service, AT&T has quietly reduced the prices of its yearly upgrade scheme, which is now marginally cheaper than competitor Verizon's "Edge" program. Before you get too excited, however, as MacRumors explains AT&T Next is merely $1 per year cheaper than Verizon's similar service, and now offers a 16-GB iPhone 5 handset for $27 per month, rather than $32.50. Furthermore, we're hearing that AT&T's reduced pricing will only be available for a limited time only. Here's an update price comparison chart, which sets off Next against both Edge and T-Mobile Jump: Though coverage varies throughout the United States, AT&T's 4G LTE network has previously been shown to be faster than Verizon's, Sprint's, and T-Mobile's. That being said, the same report also crowned Verizon to be "the master of coverage and reliability," adding that the carrier offers the only "truly nationwide" 4G LTE network, and so choosing between carriers can be difficult. It'll be interesting to see how the three services - AT&T Next, Verizon Edge, and T-Mobile Jump - fare once Apple's next-generation iPhone handset launches. With an anticipated "iPhone 6" in the cards for 2014, customers could be tempted to sign-up for a year-long contract, even if they do end up paying more in the long run. We'll keep you updated with further information as we receive it. In the meantime, see: T-Mobile's Popular $0 Down Promotion For iPhone 4S, iPhone 5 Is No More, ITC Sides With Apple, Some Samsung Devices Could Receive US Import Ban, and All Of Apple's Developer Services Are Back Online: Free Extension Offered.