[Photo Credit: Engadget]
Even though the iPhone 5 has been out for six months, it’s still refreshing to see new announcements being made about it. The latest concerns T-Mobile and its announcement today about the iPhone 5. T-Mobile announced that it will offer the iPhone 5 for $99 down (customers must qualify for this), followed by a monthly installment of $15-$20 on the iPhone over the length of the agreement. The good news in all this is that T-Mo’s current agreements are stripped of all contracts: that is, customers are no longer bound by the usual, overwhelming two-year contract agreement that can only be broken by way of a $350 early termination fee. T-Mo CEO John Legere gave the announcement in powerful fashion to an audience in New York earlier today, according to T-Mo’s official press release:
“This is an important day for people who love their iPhone but can’t stand the pain other carriers put them through to own one. We feel their pain. I’ve felt the pain. So we’re rewriting the rules of wireless to provide a radically simple, affordable iPhone 5 experience — on an extremely powerful network” (T-Mobile USA John Legere, quoted by Jordan Kahn, “T-Mobile Announces iPhone 5 for $99 down, available starting April 12”).
I agree with Legere. Contracts have weighed down the majority of Americans who do everything they can to afford expensive contracts, all because they do not want to pay the full monty up-front. One of the best-kept secrets in phone news that is now making its way to readers at every tech site is that contracts cost more overall than prepaid agreements. I pay twice as much for my US Cellular contracts ($140 a month) than I do for T-Mo’s prepaid agreement ($70 flat) — and I have a strong feeling that I’m not alone in this pain.
When can you get your hands on the iPhone? April 12th is the day scheduled for T-Mobile to sell the iPhone. What does this mean, though, for T-Mo’s LTE network? While the nation’s new “UNcarrier” has just rolled out its LTE network to eight cities, many others stand waiting. While I may be one to speculate, I think that countless other cities will have T-Mo’s 4G LTE access by the time the iPhone 5 launches under the T-Mobile name next month. After all, why would T-Mobile launch the iPhone 5 if it did not already have the towers in place? I was told recently by a T-Mobile representative that the carrier branches are waiting to receive word on when to “flip the switch,” so more cities will receive the new LTE in the coming days.
I do not know why T-Mobile chose March 26th as the ideal day to announce its very own iPhone 5, but something tells me that the carrier has spent the last six months making preparations to its network infrastructure for the day when the iPhone 5 would be revealed. Now that it’s here, are you ready to claim your T-Mobile iPhone 5?