AT&T Loophole Provides Free Phones

spazntwitch

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From Wired.com

It won't net you a free iPhone, but this little exploit of a loophole in AT&T's rulebook will get you another phone for nothing (actually, less than nothing). Usually when you buy a subsidized handset, there is a penalty when you upgrade early, but as the iPhone is not subsidized, adding one to an existing plan incurs no such fee.

To use an example from PhoneNews.com, if you buy a Nokia N75 from Amazon on a two year contract, it'll cost $20 (minus a $25 mail-in rebate). Go grab an iPhone, activate it and add it to the AT&T plan. That's it. You now have two phones for the price of one.

Not bad, as the N75 goes for between $350 and $400 unlocked. Sell it and you suddenly half the price of the iPhone. One caveat: Make sure you don't downgrade to a cheaper plan or you will incur a penalty. Go for the cheapest voice-only plan and add the data later. Get to it, before AT&T notices!
 
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