What is a 2 year contract for cell phones?

Answer 1

This is the determined time frame that the cell phone company designates for you to keep service with them to get the discounted price of the phone. You can opt not to this and pay the full (ridiculous) price of the phone. Cell phone companies really rely on the residual income versus the sale price of the phone. They actually profit more on the accessories and services that come or you can get with the new phone than just the phone itself

Answer 2

It means that you will have to use the phone you purchased for two years.

After two years, the company will allow you to switch to another phone from their carrier.

If you want to end the contract early, there is a month policy in which the phones are categorized: smartphones and regular phones. The company deducts how many months you used up in your contract.

Example: Suppose you used the phone for 12 months, then you'd have to pay a year's worth of month policies to get rid of the contract.

Answer 3

it means you have too pay a monthly fee or if you want to get out before they charge you just right before the day you have to pay they will charge you $200-300. So it means you got to stick witt the company whether you like or not or you will get charged a big amount of money ($200-300.)

Answer 4

A two year contract means an agreement to have some service delivered for the period of two years. When talking about phone service providers we usually agree to pay monthly for the next 24 months and in return we get a better deal on a new mobile phone.