The carrier promotion will apply to both new and existing users, but you'll want to read the fine print before deciding.

Starting Thursday, Verizon is implementing a three-year price lock on its MyPlan mobile ... For current subscribers, the trade-in phone must be active on the account for at least 60 days before ...

Under the old contract, annual longevity pay was $600 after 10 years. Under the new deal, it is $750 after 10 years. The new longevity benefits are more frontloaded than under the old contract ...