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Fido Agreements Replaced with New Tab24, Tab36 Plans [Update]

Fido this morning has introduced new Tab24 and Tab36 plans, to replace their standard 2 and 3 year term agreements. These new tab plans are similar to how the Rogers FlexTab works. The company sent us a breakdown of how it all works:

  • Choose a smartphone with an eligible term plan – the price and savings will depend on the device you choose, but we’ll spot the majority of the upfront full device cost. The remaining amount is your Fido Tab24 or Tab36 balance.
  • Every month into your term, the Tab24 balance automatically decreases
  • Want to upgrade your smartphone? Simply pay off the Tab24 or Tab 36 balance and you’ll be eligible to upgrade to the device you want

Screen Shot 2013 04 02 at 9 51 15 AM

The fine print on Fido’s website reads: “Tab24/Tab36 corresponds to the Fido Agreement described in your agreement.Tab24/Tab36 balance corresponds to sum of Device savings recovery fee and/or service deactivation fee stated in your agreement.”

Below is an example of how Tab balances are calculated, taken from the Rogers FlexTab page, which you can apply to any device. Below is what your tab would look like if your smartphone costs $599 outright:

FLEXtab Balance = Month-to-month price ($599) – term price ($49.99) ÷ term length in months (36) x number of months remaining (24).

 

Screen Shot 2013 04 02 at 10 00 18 AM

These new tab plans bring Fido customers in line with what is already being offered at Koodo and Virgin Mobile. Thoughts on moving from contracts to these these new tab plans?

Update: Taken from the Rogers website, here is what a scenario would be if you wanted to upgrade and you are on a Tab plan:

flex tab upgrade

Founder and Editor-in-Chief of iPhoneinCanada.ca. Follow me on Twitter, and @iPhoneinCanada, and on Google+.

  • Matt

    Does this affect existing contracts? Or will it take effect after?

  • Skeptical

    They give the appearance of choice, but it’s the exact same deal as before in different wrapping paper.

  • http://www.iphoneincanada.ca Gary

    Existing contracts are not affected.

  • http://twitter.com/erikkappel Erik Kappel

    It may seem that way, but I think it may indeed be advantageous. I wanted to see what it would have cost me to cancel my contract with 12 months left so that I could upgrade. Dude on the phone was a little confusing (as usual) but I was looking at something over 200$, maybe as high as 500$. This is certainly better, and more importantly clearer. I still want them to give the whole 3 year (or in this case 36 months) thing a rest though.

  • Matt

    So all they did was add the words “Tab 24/36″ to their website? You’re still forced to take their overpriced “Max” plans to get an iPhone. Don’t let this fool you, nothing has changed with Fido besides the wording.

  • cyruskafaiwu

    is there a way to get a smart plan with the iPhone. like an extra fee? I am real annoyed and I do not want to get an android.

  • http://www.iphoneincanada.ca Gary

    Before, people would sign 2 year agreements with a $0 Android phone. Then sell the Android phone to subsidize an unlocked iPhone.

  • http://twitter.com/erikkappel Erik Kappel

    You could still do so no?

  • Nothing special

    Telus has been doing this since may 2011,it’s about time they wake up