AT&T will reportedly introduce an “AT&T Next 12 with Down Payment” option on May 28. As the name suggests, AT&T Next 12 with Down Payment will require a down payment — 30 percent, in this case — and then the customer will pay for the rest of their device over 28 months. They’ll be able to upgrade to a new phone after 12 payments.
As I mentioned before, it’s expected that AT&T Next 12 with Down Payments will go live at AT&T on May 28. It’s also expected to hit retailers like Sears and Fred Meyer on that date. The plan will reportedly expand to Best Buy on June 1 and then Apple in July.
As I mentioned before, AT&T’s already got a few Next plans, but this new tier is meant for folks that may not have spotless credit to qualify for a standard AT&T Next plan that don’t require a down payment. So long as they can pony up a 30 percent down payment on a new phone, they too can get a new phone and then upgrade every year if they so choose. If this new plan is indeed launching on May 28, we should hear an official announcement sometime in the next week or so, so stay tuned.