T-Mobile announced the launch of the iPhone 5 and as expected it will be equipped with 4G LTE, you will be able to buy the iPhone 5 for a $99 upfront payment on April 12.
T-Mobile made the official announcement at a press event in New York, keeping their last year promise to offer the Apple device. T-Mobile was the last of the major U.S. cell phone companies to carry the iPhone due to business and technological reasons.
T-Mobile has been using rather odd bands for its networks; iPhones activated on T-Mobile could only get 2G speeds. This year T-Mobile has been working on modernizing its infrastructure and this includes the launch of its very own 4G LTE network in several U.S. cities.
The iPhone 5 on Sprint, AT&T and Verizon cost $199 because they offer a handset subsidy for your iPhone and that’s why the price is lower even though an unlocked model coming from Apple costs about $600. T-Mobile will offer the iPhone 5 with a cost of $99 when you first get the handset and then you can make monthly payments for up to 24 months.
T-Mobile also talked about their new Value Plans as part of its UnCarrier strategy and these consist of “radically simple” plans. The plans include unlimited text, talk and a portion of data for $50, $60 and $70. The $50 plan comes with 500MB of data, the $60 plan comes with 2GB and the $70 plan will include unlimited data.
The iPhone 5 can be unlocked but it will remain locked to T-Mobile until the device is completely paid or is traded.