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Why Verizon's new '3-year price lock' is a bit of a misnomer
jetcityimage/Getty Images Tired of ever-increasing phone bills? Don’t feel like shopping for a new carrier when your payment increases — again? Verizon has an answer. The wireless carrier said today that it’s introducing an “industry-leading guarantee: a 3-year price lock.” Under this promotion, myPlan and myHome network plan customers, both current and new, will have their rates locked in for the next three years. About half of the company’s customers are on myPlan, meaning this…
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