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Phone Financing Growing Fast

21
May
2014

T-Mobile Has Dominant Share of 8 Million Carrier-Switching Finance Customers Consumer Intelligence Research Partners (CIRP) released results of its research on mobile phone financing plans. This analysis features findings about consumer trends in financing plans from July 2013-March 2014. Based on data CIRP has gathered, phone financing programs have grown quickly since their widespread introduction. In the nine month period from July 2013-March 2014, almost one-quarter of new phone buyers in the US financed their phone, rather than buying a subsidized phone (see Chart 1). …

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