Verizon and T-Mobile Want Your Business More Than Ever Right Now

T-Mobile and Verizon are both offering to take your old, damaged phone off your hands and replace it with a shiny new 5G model. There are a couple of reasons for this generosity. Verizon, in particular, has written some big checks to pay for new C-band frequencies — highly desirable spectrum for 5G that offers good range and speed. The company has reassured its shareholders that the hefty expenditure will help grow its customer base and increase the amount of money it makes on existing accounts. Meanwhile, T-Mobile wants to make the most of a relatively strong hand right now. It has taken every opportunity possible to declare itself the “leader in 5G” and is likewise focused on reaching new customers, getting a 5G device in their hands, and getting them hooked on its 5G network.