Sprint is reportedly planning to launch its own early-upgrade plan for tablets and smartphones called "One-Up," following the footprints of T-Mobile, AT&T and Verizon.

Sprint may have been mum about launching an early-upgrade plan when all other leading network carriers like AT&T, Verizon and T-Mobile launched theirs. But the wait is over for all Sprint users after details of a new early-upgrade plan for smartphones and tablets from Sprint were leaked online. The network may surprise its users with fascinating deals.

Sprint definitely believes that it is never too late for anything. The company has been adept at introducing plans that are already provided by its competitors. AT&T, Verizon and T-Mobile's early-upgrade plans have been a big hit in the U.S. Customers were offered different deals to upgrade their old smartphones and tablets every year. T-Mobile's Jump program was the first of its kind and was praised for its out-of-the-box thinking. However, when AT&T and Verizon launched similar deals, consumers were not very excited.

AT&T and Verizon did not offer any discount on the rate for their early-upgrade plans, Next and Edge respectively. They also asked users to pay the full price of a device in the course of two years. As far as T-Mobile is concerned, the network offered discounted rate on service.

But a leaked screenshot of Sprint's One-Up program compared with Jump, Next and Edge suggests that the network closely watched others and planned a deal better than T-Mobile's, which will supposedly be the best at the time.

Based on the leaked report cited by CNET News, One-Up offers $220 saver per annum compared to T-Mobile's Jump. Users can be eligible for One-Up after completing at least a year's contract with the network. With Sprint's Unlimited, My Way or All-In Plan, users get a $15 discount, unlimited talk and text. The data plan costs as little as $65/ month compared to T-Mobile's $70. The offer is available for a limited period and prepaid users are not eligible for the deal, says the report.

Customers can upgrade a device once every year with no down payment but have to pay for the device in 24 monthly installments. The example in the screenshot shows - for a phone costing $649.99, the amount will be split in 24 months where users will have to pay $27, every month. If the customer wants to leave early then he/she will be required to pay the remaining cost of the device.

If you are considering cutting down on your phone bills and looking to upgrade for a new device at the same time, then we suggest Sprint has the best offer available. But before making the switch, be aware that Sprint has the least LTE coverage across the nation compared to its rivals. So as long as you are covered on the LTE network and happy with Sprint, there is no reason to hold you back.