Xfinity is a telecommunications company that offers a wide range of services, including internet, television and phone services. Many customers are curious about whether or not Xfinity buys out phone contracts, as it can be an expensive process to switch carriers.
The answer to this question is yes, Xfinity does buy out phone contracts. However, there are certain qualifications that must be met in order to be eligible for this program.
First, the customer must be switching from a qualifying carrier, which includes AT&T, Sprint and Verizon. The customer must also have an active account with the qualifying carrier and be in good standing, meaning that they are up to date on payments and have no outstanding debts.
Additionally, the customer must purchase a new device from Xfinity and transfer their phone number to Xfinity Mobile. Once these requirements are met, Xfinity will reimburse the customer for up to $500 in early termination fees per line, as well as up to $300 in trade-in value for their old device.
However, it is important to note that this program is only available to new Xfinity Mobile customers and cannot be combined with other offers or promotions. The reimbursement process can also take up to 8 weeks to complete.
In conclusion, Xfinity does offer a phone contract buyout program for eligible customers. It can be a great way to switch to a new carrier without incurring expensive early termination fees. If you are interested in taking advantage of this program, be sure to meet the eligibility requirements and understand the reimbursement process.