Pricing Revealed for T-Mobile’s New Contract-Free Plans

by Christopher Freeburn | March 20, 2013 9:39 am

Pricing Revealed for T-Mobile’s New Contract-Free Plans

T Mobile storefront 630 300x225 Pricing Revealed for T Mobiles New Contract Free Plans[1]T-Mobile is widely expected to unveil a new set of wireless service plans[2] at a special event set for March 26. The carrier, owned by Germany’s Deutsche Telekom (PINK:DTEGY[3]) is ending subsidies on mobile devices.

The carrier, which preparing to merge with MetroPCS (NYSE:PCS[4]), will offer a set of individual plans sold through its own stores, and a separate class of plans sold through retail partners across the country. The latter class of plans, called “Uncarrier classic,” are priced between $60 and $130 per month for data usage ranging between 500 megabytes and 12 gigabytes, TmoNews.com notes.

Subscribers can purchase the “Uncarrier classic” plans at leading retailers, including Walmart (NYSE:WMT[5]), Best Buy (NYSE:BBY[6]) and Target (NYSE:TGT[7]). A plan with unlimited data, but no hotspotting, will be offered for $90 a month. The plans include unlimited calling and texting.

Since phones sold by T-Mobile will not be subsidized[8], all of the service plans are offered without the industry standard two-year contract.

T-Mobile is also preparing a number of “Value” plans, whose terms and pricing remain unknown, which will be offered through its own retail outlets.

Earlier this month, T-Mobile received clearance for its merger[9] with MetroPCS from the Federal Communications Commission.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/09/T-Mobile-storefront-630.jpg
  2. expected to unveil a new set of wireless service plans: http://www.tmonews.com/2013/03/t-mobile-new-classic-and-prepaid-plans-classic-available-at-all-national-resellers/
  3. DTEGY: http://studio-5.financialcontent.com/investplace/quote?Symbol=DTEGY
  4. PCS: http://studio-5.financialcontent.com/investplace/quote?Symbol=PCS
  5. WMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=WMT
  6. BBY: http://studio-5.financialcontent.com/investplace/quote?Symbol=BBY
  7. TGT: http://studio-5.financialcontent.com/investplace/quote?Symbol=TGT
  8. phones sold by T-Mobile will not be subsidized: http://investorplace.com/2012/12/t-mobiles-new-plan-bad-news-for-apple/
  9. received clearance for its merger: http://investorplace.com/2013/03/metropcs-t-mobile-get-merger-approval-from-fcc/

Source URL: http://investorplace.com/2013/03/pricing-revealed-for-t-mobiles-new-contract-free-plans/
Short URL: http://invstplc.com/1fw7iD8