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Worry not, you signed a contract. If they change the terms of the contract, demand they keep your service unchanged or cancel as a breach of contract.

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Knowing phone companies there's probably a part of that contract it says that they're allowed to change it and that I can't sue, I can only choose to drop it without penalties.

As if I would be allowed to use a lawsuit anyway, I'm sure I'd have to use mandatory binding arbitration.

There's no need need to sue unless you've somehow been damaged. Dropping service and keeping your 600 dollar phone or returning it used is more than damaging enough for them.

Except most customers now buy phones in installments without a two-year contract. Fortunately with LTE the $600 phones work on multiple carriers.

If you sign a 2 year contract and don't get the phone you're kinda getting ripped off.

I own my phone.

Should I switch to the carrier I left because they have no coverage? The one that's going bankrupt? The other one that's probably going bankrupt tomorrow that tried to merge with them? Or maybe one of the MVNOs that's really just one of the above?

There isn't much choice available.

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