BALTIMORE - If you want a new smartphone, you may want to buy it soon. Experts say carriers could gradually start charging more.
Why? To phase out smartphone subsidies.
Right now T-Mobile is the only U.S. carrier to do away with contracts. AT&T, Verizon and Sprint have all said they're watching to see how successful T-Mobile is.
Carriers can lose a lot of money when a new phone comes out. You pay a discounted price when you sign a contract, and the carrier eats the rest of the cost.