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Free Apple 5G iPhones Are Offered by Carriers to Lure Upgraders

  • AT&T, Verizon dangle freebies to customers taking pricey plans
  • New model will test subscribers’ patience for underwhelming 5G
Bloomberg business news
Apple Unveils IPhone 12 With 5g Speeds
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Apple Inc.’s iPhone 12 5G, the most anticipated phone in years, will be given away for free by AT&T Inc. and Verizon Communications Inc., showing the carriers are gearing up to fight hard for new subscribers during a potentially huge upgrade cycle.

The promotions announced Tuesday coincide with Apple’s introduction of its first 5G iPhone. Customers can begin placing orders online starting Friday, according to the companies. They’ll have to sign up for unlimited plans and trade in qualifying phones.