Well, it turns out most of the rumors surrounding T-Mobile’s “UnCarrier” event have panned out to be true. With the exception of what exactly T-Mobile named their new no-contract plans, the rumors and early-release of the plans on the company’s website, were spot on.
At a press event in New York City this morning, T-Mobile announced it has completely ditched two-year and annual contracts in favor of a simpler approach to wireless. The company has rolled out its Simple Choice Plans which are monthly wireless plans with no contracts.
The plans start at $50 for unlimited talk, text and web with 500MB of high-speed data. Customers can add a second line for an additional $30 per month and every line after that is an additional $10 per month. Users can up their high-speed data limits by 2GB for $10 extra per line per month. Unlimited 4G data is an extra $20 per month – making truly unlimited talk, text and high-speed data a $70-per-month cost.
T-Mobile does not cap data usage, or charge overages, but rather pushes customers down to the 2G network speeds after surpassing their high-speed data allotment.
Because users are not locked into annual or two-year contracts, customers may upgrade devices whenever they like without any upfront fees. It does come as a price, however. T-Mobile has dropped all device subsidies that typically come with a signature on a contract.
Customers will experience some sticker shock when they see the price of an iPhone at upwards of $600, but T-Mobile does offer monthly payment plans. Customers may also use an unlocked device.
In addition to officially announcing the Simple Choice Plan options, the company also made various announcements regarding its 4G LTE network, 4G-supported devices and availability of the iPhone.