This is a good thing. The carriers realize that customers do not like contracts or early termination fees. The carriers themselves do not like having to offer incentives like covering early termination fees to bring new customers on board. They want to allow customers more freedom in choosing devices more frequently.
So carriers have introduced installment plans to consumers. This has now trickled over to business customers. After evaluating the benefits of these new plans, I do believe it is a great way to go for businesses. Less capital investments, lower priced rate plans, and more freedom to upgrade devices when needed. Here is some info from AT&T on how installment plans work.
https://www.att.com/shop/wireless/next.html?WT.srch=1
Feel free to contact PeakMobile for questions about these new installment plans. We will also send out information in the coming months about the benefits of these new plans and help your company take advantage.