Sprint allows customers to pay monthly or to own phone

Sprint (NYSE: S) has announced Sprint Flex and Sprint Deals, giving customers the opportunity to get annual upgrades for all smartphones, the company said.

First, with Sprint Flex, customers can lease any phone and have the option to upgrade or purchase later. Unlike other carriers, which require the customer to decide to buy up front, Sprint lets customers make the final decision later, so they don´t get stuck with their old phone.

Sprint Flex allows customers to enjoy their phone before deciding what option (upgrade, continue leasing, return, or own) works best for their lifestyle. Customers can still choose to buy the phone outright at point of sale.

Sprint is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 59.7 million connections as of March 31, 2017. Its no-contract brands include Virgin Mobile USA, Boost Mobile, and Assurance Wireless.