T-Mobile Has New Low-Cost iPhone Plans Starting at $5 Per Month

24 Sep 2015 | Author: | No comments yet »

T-Mobile Celebrates Record-Shattering Demand with Unbeatable $5 per Month Offer on iPhone 6s.

Warda, Craig—Bloomberg/Getty Pedestrians stroll by a A T-Mobile branch on the corner of West 17th Street and 6th Avenue in Manhattan, New York, U.S., on Sunday, July 26, 2015. BELLEVUE, Wash., Sep 23, 2015 (BUSINESS WIRE) — On the cusp of iPhone 6s and iPhone 6s Plus availability, T-Mobile today announced it’s doubling down on what was already an unprecedented offer on your new iPhone – unveiling an absolutely unbeatable $5 a month for iPhone 6s 16GB and $9 a month for iPhone 6s Plus 16GB with JUMP!

This new offer is unmatched in the industry, building on an already record-breaking pre-order performance over last year at T-Mobile. “With these incredible $5 and $10 a month deals, we’re giving customers just one more reason to come to T-Mobile,” said John Legere, president and CEO of T-Mobile. “This is a deal that only the Un-carrier could create, let alone make into a reality – and the crazy demand we’re already seeing tells me the carriers’ customers just aren’t buying their BS anymore. On Wednesday, T-Mobile announced that it would offer the iPhone 6s 16 GB devices for just $5 per month for customers who trade in a iPhone 6, 6 Plus, Galaxy S6 Edge, or Note 5; a $10 monthly price for iPhone 5s and Galaxy S5 trade-ins; and $15 for older smartphones like the iPhone 5 or 5c.

John Legere, the chief executive of the T-Mobile who has been known to battle with rivals on social media, said that the company is seeing “crazy demand” for iPhone preorders. That’s nowhere near the $450 discount consumers used to get on new phones by agreeing to a two-year contract, but it’s better than no discount, which is what the other carriers are giving.

Wireless carriers have been replacing traditional two-year contracts that include smartphone subsidies with installment plans that spread the price out and encourage swapping out phones. Verizon and AT&T may offer financing so you don’t have to pay for the whole cost of a new phone at once, but their financing options don’t save you any money off the $649 price of an iPhone 6s: Verizon offers monthly payments of $27 for 24 months for a new phone, and AT&T offers monthly payments of $21 for 30 months. The Un-carrier’s also doing right by those customers who already pre-ordered their new iPhone with trade-in, giving them the same great offer with an upfront bill credit.

Why this matters: Other carriers also offer inexpensive upgrade plans if you prefer to lease a phone rather than own it outright, but T-Mobile’s latest promotion is by far the cheapest. That offer marks a sharp turn in the relationship between Apple, which needs to sell tens of millions of new phones each year, and wireless giants that rely on the iPhone to attract customers to their cellular plans.

On Demand and your trade-in: When you sign up for the introductory price, you keep it for the full length of your JUMP! on Demand agreement for as long as you use that phone on T-Mobile – no price increases! Legere said the company had already surpassed the 2.1 million net subscriber additions it posted in its previous quarter with nearly two weeks remaining in the current quarter. September is particularly significant time period for wireless carriers with the launch of Apple’s new iPhone as well as the annual return of vacationers and students that stirs up subscriber activity. Starting Friday, September 25th at 8:00 am local time, new iPhones will be available at participating T-Mobile stores nationwide, subject to inventory availability, and online at www.t-mobile.com/apple.

It currently serves approximately 59 million wireless customers and provides products and services through approximately 70,000 total points of distribution.

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