If you’re a T-Mobile customer, this is pretty exciting news. You’ll now be able to get yourself an iPhone 5 starting on April 12, 2013. T-Mobile recently announced this news at its “Uncarrier” event in New York City.
From T-Mobile’s press release:
This is an important day for people who love their iPhone but can’t stand the pain other carriers put them through to own one,” said John Legere, president and CEO of T-Mobile USA. “We feel their pain. I’ve felt the pain. So we’re rewriting the rules of wireless to provide a radically simple, affordable iPhone 5 experience — on an extremely powerful network.
MacRumors has some of the details:
New iPhone customers will be able to purchase the 16GB iPhone 5 for $100 down, plus 24 monthly payments of $20. After the payments are finished, customers will see their monthly bills drop. On traditional subsidized plans from AT&T or Verizon, users pay $199 up front, and then see a subsidy payment invisibly built into their monthly plans. However, if the customer goes longer than two years without purchasing a new phone, the carrier continues to collect subsidy repayments as pure profit.
With this new plan, you can purchase an unlocked 16GB iPhone 5 for $579 which is $70 less than Apple’s current price. In my opinion, this is a much better plan than most carriers offer.
T-Mobile will also carry the iPhone 4S at $70 down and $20 per month for 24 months. I predict that a lot of people will jump ship on their current carrier for T-Mobile’s new “Uncarrier” plan.
Source: T-Mobile via MacRumors