Do you own the phone that has a contract?

Say I buy the phone listed here:

http://www.wireless.att.com/cell-phone-service/cel...

Do I own it or is it technically AT&T's? Do I get to keep it after 2 years or something?

1 Answer

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  • Anonymous
    9 years ago
    Favorite Answer

    Yes, the phone is yours. Buying phone with contract, gives you an option to buy a phone at very discounted price, however you must sign up 2 years contract with your service provider. Cancellation of contract is very costly. After 2 years, the phone will still belong to you and you will be able to switch your service provider without any penalty or upgrade your contract and get another discounted up-to-date phone.

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