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Apple Upgrade Program in conjunction with a discounted phone from ATT every 2 years with contract?

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If I enroll for the new Apple "iPhone Upgrade Program" and take advantage of getting a new phone every 12 months can I still get a new iPhone (or any other phone for that matter) every 2 years from ATT at a discounted price and do with it as I please like I have been doing for the past 8 years?


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