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Yes the phone is officially yours! It's not like a lease or anything where you have to give it back at the end. While the phone is free, phone companies make their profits from the monthly contracts. Tons of people use their upgrade to get an expensive cool phone with intention of selling it online. They just keep using their old phone and get a couple hundred bucks.

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Q: If you get a phone free with a contract do you get to keep the phone after the contract expires?
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