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Cell Phone And Contracts

I'm "poor" but I would like a smartphone. I don't have $600 for a phone. I hear "free iPhone 4 with contract" but the contracts are all twice the price of their own month by month plan, which I find odd since they aren't guaranteed a payment every month. AT&T has a $50 Monthly Unlimited Plan but on contract it's $90 so where's the free phone? What's a boy to do? Wait until Black Friday price wars?

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