Verizon Wireless to end one-year contracts

Verizon Wireless has confirmed with us that it will eliminate one-year contracts starting April 17. Verizon spokeswoman Brenda Raney said that most customers sign up for two-year contracts anyway to take advantage of the lower promotional price. She said customers will still have the option of month to month and prepaid if they don't want to opt for the two-year contract. Existing customers with one-year contracts will not be affected.