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U.S. wireless carriers dial back discounts on new iPhones


By Sheila Dang(Reuters) - U.S. consumers who want Apple Inc's newest iPhones, including its most expensive model yet, the iPhone X, may find fewer deals as wireless carriers are less willing to offer subsidies on devices in a saturated market. New phone launches have long offered carriers a chance to gain market share by offering incentives such as free service and discounts. But customer defection rates fell to record lows in the last quarter as most people already have cell phones, a situation that creates less urgency to launch costly promotions to lure customers, analysts said. Deals ...

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First Published: Thu, September 14 2017. 03:57 IST