When Is Verizon Communications Inc. (NYSE:VZ) Rolling Out BlackBerry Priv? Mark This Date On Your Calendar

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A recent tweet by a Verizon Communications Inc. (NYSE:VZ) executive may have just let the cat out of the bag. BlackBerry Ltd (NASDAQ:BBRY)(TSE:BB)’s Android-based Priv could be available for preorders from Verizon starting March 3. If that is true, Verizon will be joining AT&T Inc. (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS) in supporting Priv on its network. Sprint has yet to announce when Priv will be available on its network, but it must be working hard to catch up.

It was Verizon Communications Inc. (NYSE:VZ)’s VP of Communications, Jeffrey Nelson, who dropped the major hint about Priv availability on Verizon’s network. In reply to a tweet seeking to confirm whether it is true Verizon will kick off Priv preorders on March 3, Nelson left no doubt something of that nature was in the works. He talked about keeping his fingers crossed, which gives the impression that Priv could be getting Verizon support around that time.

It won’t be surprising that Verizon is coming to support Priv soon. The carrier was among those hinted to be working to make device available to their customers after it debuted on AT&T’s network.

If Verizon Communications Inc. (NYSE:VZ) rolls out Priv preorders on March 3 as rumored, it follows logically that the device could be available in Verizon stores on March 11. Interestingly, March 11 is the same date Samsung will be rolling out its Galaxy S7 and Galaxy S7 Edge worldwide.

Verizon has not announced its pricing details for Priv.

Other Priv carriers

In the U.S., AT&T was the first operator to carry Priv. You can get hold of Priv from AT&T for $250 with a 24-month contract. If you choose AT&T’s Next 24 package, you won’t have to make any deposit for the device, but you will commit to 30 payment installments that adds to $24.67 per month. Those who opt for Next 18 package will also not require a down payment but will pay for the device in 24 installments at $30.84 per month. Additionally, there is Next 12 that comes with 20 installments at $37 per month. What all that means is that it sets you back $740 to own Priv through AT&T.

T-Mobile’s option

If you choose to get your Priv smartphone through industry disruptor T-Mobile, you have the option for 18 months or 24 months payment plans. For the 18 months program, you don’t put down any deposit, but you pay $34 per month. Under the 24 month option, you also don’t pay any deposit, but you commit to paying $30 per month. At the end of the day, it costs you $720 to get your Priv handset through T-Mobile.

It will be interesting to see which payment plans Verizon Communications Inc. (NYSE:VZ) adopts for Priv.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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