At an event in Manhattan today, T-Mobile announced a new phone upgrade program called "Jump," which is designed to allow subscribers to upgrade their phones at regular intervals. With Jump, customers will pay the same subsidized amount that a new customer pays, without the need to wait to qualify for an upgrade. Jump requires T-Mobile customers to pay a $10 monthly fee for the service and trade-in old devices, but it offers up to two phone upgrades per year after a six month waiting period. T-Mobile CEO John Legere spoke to AllThingsD about the new program:"This is one of those things that annoys customers so much," CEO John Legere said in an int