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

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

[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.

Source URL: https://investorplace.com/2013/03/pricing-revealed-for-t-mobiles-new-contract-free-plans/

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