The End of Cell Phone Contracts?

Dave and the panel discuss the possibility of major cell phone companies ending their annual contracts. ??Subscribe to Rubin Report for more:

Verizon might follow in T-Mobile’s footsteps and drop cell phone contracts. Verizon CEO Lowell McAdam said that he would consider killing cell phone contracts if consumers demanded it.

According to a New York Times reporter, If you went with a comparable plan from Verizon instead of T-Mobile, you would pay $960 more over two years.

How do consumers unite and actually demand something like this from Verizon? Will AT&T and Sprint follow in their foot steps if this becomes a reality?

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