Verizon confirms scrapping oneyear contracts on April 17

Verizon validated concerns that it was dropping one-year contracts as options with an official statement.

It planned to drop the choice as of April 17, leaving just the two-year contract or a month-to-month option. The company argued that the "greater majority" of subscribers go for the full two years to get the complete subsidy.......

Source:
http://respectedadmins.com/blog/verizon-confirms-scrapping-one-year-contracts-on-april-17/