Fed up of shelling out for two-year contracts, only for your phone to be out of date a few months in? O2 may well have the answer: rent an iPhone 4S, thanks to its new O2 Lease programme, TUAW reports.
Here's how it works: you rent the handset for a year, rather than being weighed down with it for an 18- or 24-month contract. There's no upfront cost for the device, but you do have to return it at the end of the lease period. O2 has some stern words of warning for anyone who's ever got a bit careless with their phone, too.
The caveat reads: "With O2 Lease, the phone isn't yours and if you don't return it in satisfactory condition at the end of your lease, you may have to pay substantial charges." So bad news if you've made a habit of getting drunk and dropping your phone in the loo.
So what's the tariff like? You get 750 minutes per month, unlimited texts and 500MB data, with unlimited UK Wi-Fi, tethering and 20 UK picture messages. O2 will insure the phone too. For the privilege, you pay
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