Is your cellphone contract about to expire, freeing you to pick a new carrier? If not, T-Mobile (TMUS -0.06%) might cover the fees other networks charge for leaving early.

T-Mobile and Sprint (S) can save you hundreds of dollars compared to Verizon (VZ 1.17%) and AT&T (T 1.02%). Or maybe you're more concerned about network quality than cost savings? There's a deal for that, too.

In the video below, Fool analyst Anders Bylund walks you through some of the reasons you might want to switch cellphone networks in 2014 -- and how to determine whether you should pounce right now or wait a bit.