You are one of the few, who knows what their monthly rate is to use their I phones. My wife and I for years have asked the owners this specific question, what is you basic monthly bill?
People don’t answer. They either don’t know, don’t care or are in denial.
Re AT&T’s excuse for the increase. For years/decades, they did nothing to upgrade their land lines besides raising their monthly bills. My wife and I had two AT&T lines with separate numbers. Most of the time only one number might work. If my wife called my line on her phone line in our house, we often didn’t have a good connection. AT&T never replaced the decades old Pac Tel lines to our house, their box and lines to our two phones. The lines were so old they would break if you touched them. Our monthly bills had gone up to close to $100 per month for the two lines. Then, we discontinued the lines and went to another provider.
I called AT&T back today to reconfirm I heard everything correctly. AT&T did confirm it. However..., they said I can keep my current rate at $115 a month for the next 24 months, by pass the $40 Activation fee and not have to pay $300 up front (iPhone 6 64gbs smaller version) if I pay $31.25 extra for the phone per month for the next 24 months.
When I did the math and that's 31.25 x 24 = $750. After 24 months the phone is paid for and then I just go back to my current rate of $115 a month. Plus 18 months I can even upgrade my wireless phone too.
Anyhow, I'm now looking at $750 extra over 24 months (2yrs at $31.25 a month) vs. $1,040 over 24 months (2yrs). More over AT&T is willing to give me $200 credit for my iPhone 5 32gbs. I can probably get more on Craig's List if I sell it myself.
So now it does not look as bad since I would not have to pay the $299 (for the iPhone 6) + $40 (activation fee). They will just sent me the phone add $31.25 a month to my current bill for the next 24 months to pay the bill.
I'll think about it.