(Mashable) -- Verizon customers interested in signing a one-year contract (as opposed to the standard two) should lock in their selections now; the company has confirmed that it is eliminating the one-year contract option as of April 17. Verizon claims the policy change is taking place because the "greater majority of customers sign up for a two-year contract." The nation's largest wireless provider (at least until that AT&T/T-Mobile deal is approved) previously offered users the ability to sign one-year contracts or contract extensions in lieu of the standard two-year agreement. Customers who opted for the one-year contract were still able to purchase new equipment at a discount, albeit a lesser discount than the subsidized two-year agreements.
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Verizon eliminating the one-year contract option as of April 17
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Company says greater majority of customers sign up for two-year contract
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Contract-free month-to-month plans will still be available to consumers
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