Not always. I was in this dilemma for my brother recently - if I was gonna upgrade his plan and get a phone or just keep the plan and buy a phone elsewhere.
Case 1: Upgrade with free phone
Plan: 999/month
Phone (S7E): 19,200 or 800/month
Total monthly spend: 1,799/month
Total 2-year spend: P43,176
Case 2: Keep plan, buy phone outside
Plan: 599/month
Phone (Note 5): 14,500 or 604/month
Total monthly spend: 1,203/month
Total 2-year spend: P28,872
2-year savings: P14,304
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