Do you own the phone that has a contract?
Say I buy the phone listed here:
Do I own it or is it technically AT&T's? Do I get to keep it after 2 years or something?
- Anonymous9 years agoFavorite 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.Source(s): http://www.cheap-phones.com/Cheap-AT&T-Phones.php http://www.cheap-phones.com/Guides/How-to-buy-a-ch...