Here’s a nice surprise coming from Verizon’s little brother, Alltel. The carrier is apparently getting ready to offer you some new contracts when you purchase subsidized phones. Instead of the regular 2-year contract you will now be able to choose a 1-year minimum contract. And the price for the handset you pick will not change. Will Verizon follow this move?

Here’s what Paul Bowerstock, Senior Sales and Operations Leader for the Alltel Divestiture Trust said:

Wireless customers have been waiting for an option like this for a long time. With a 1-year contract option, customers can take greater control over their wireless experience, having the flexibility to choose their contract length and the latest innovative handsets at the most competitive price possible.

The new policy change will apply to new and existing Alltel customers . All we need now are some hot phones to be bundled with those great new contracts.