Verizon sweetens subsidies on iPhones to match competition

By Reuters

Verizon Communications said on Friday it is increasing its subsidies on offer for Apple Inc's newly launched iPhone 13, in a bid to attract more customers to the U.S. carrier's network. Verizon said it would now offer trade-in subsidies of up to $1000, matching rival AT&T Inc, from $700 previously. The biggest subsidies will be given to customers who turn in the iPhone 11 and iPhone 12 models.

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