As expected, T-Mobile has just officially announced it will carry the iPhone 5 as part of its ‘Uncarrier’ event today in New York City to unveil its new no-contract, no subsidy pricing plans. According to the company’s press release, the iPhone 5 will be available April 12 nationwide for $99.99 down plus an additional monthly payment of $20 per month for 24 months. Pre-orders for the device will begin on April 5 through T-Mobile’s website
Although that will allow you to get an iPhone 5 for around $579 compared to $649 at retail, the device will be locked to T-Mobile until its paid off. However, with no contract, you’ll be able to walk away for cost of the device.
The company will also offer the iPhone 4s for $69.99 down and $20 per month for 24 months and the iPhone 4 for $14.99 down and $15 per month for 24 months in select markets.
T-Mobile announced today that qualifying customers can get an iPhone 5 for $99.99 down, plus monthly payments. T-Mobile is the only major U.S. wireless company to offer iPhone 5 with no annual service contract plus unlimited talk, text and Web on a screaming-fast nationwide 4G network. And because there are no annual contracts, customers make the decision when to upgrade their devices — not the carrier.
As for iPhone 5 plans on T-Mobile, the company will offer just one Simple Choice Plan that starts at a base $50 per month for unlimited talk and text and 500MB of data. Users can bump up to unlimited data for an extra $20 and add a second line for $30 (plus $10 per month for each additional line).
T-Mobile noted that iPhone customers would also have access to a number of free premium benefits including nationwide HD voice (the only carrier to offer the wideband audio feature), smartphone mobile hotspot, and talk and surf with truly unlimited 4G: expand full story