With Verizon (VZ -0.53%) and AT&T (T 1.88%) following T-Mobile's (TMUS 0.57%) move to offer "early upgrade"  plans, the entire landscape of wireless is likely to change. If these new options are adopted, as it seems likely that they will, the end of smartphone subsidies is likely to become permanent. This means that if you want a new phone, the time to buy is now, but as an investor, it is important to consider what this will mean for the wireless carriers.

In the following interview with the Fool's Alison Southwick, Fool.com contributor Doug Ehrman discusses the changing options from these carriers and what they mean for consumers and investors.