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AT&T getting rid of its 2-year contract option

Posted at 10:27 AM, Dec 31, 2015
and last updated 2015-12-31 10:27:45-05

AT&T will no longer offer 2-year phone contracts to its customers, starting in 2016.

CNN reported new and existing AT&T customers will only be able to get new phones by paying the full price upfront or making payments over time with the 'AT&T Next' option. 

The move is expected to take effect on Jan. 8. 

For more information, visit CNN.com