T-Mobile isn’t about to let AT&T get away with offering lower down payments for new smartphones. The carrier announced on Friday that for a limited time, it’s giving customers the option to get a new smartphone for $0 down if they agree to make monthly payments ranging from $5 to $27 over the following 24 months. The two priciest phones in the deal are the iPhone 5 and the Galaxy Note II, which both require $27 monthly payments, while the Nokia Lumia 521 is the cheapest model with monthly payments of just $5. T-Mobile’s press release follows below.
T-Mobile Promotes Unprecedented Deal This Summer – Zero Dollars Down for All Devices
America’s Un-carrier offers the ultimate promotion with the lowest upfront price on devices
BELLEVUE, Wash. – July 26, 2013 – In time for back-to-school, T-Mobile US, Inc. (NYSE: TMUS) will drive an unparalleled promotion this summer, dropping the upfront price on its entire lineup of devices in stores nationwide to zero dollars down. With this promotion, new and existing well-qualified consumers and small business customers will get affordable and hassle-free access to the latest 4G LTE smartphones, tablets, mobile hotspots and feature phones at the upfront price of $0 down with monthly device payments.This limited-time promotion is available starting tomorrow, July 27, 2013. In addition to the promotion, customers also can take advantage of T-Mobile’s groundbreaking upgrade program, JUMP!(TM), which enables them to sign up to upgrade their phones when they want, up to twice a year as soon as six months from enrollment.
“The number of reasons not to switch to T-Mobile this summer is ZERO,” said John Legere, president and chief executive officer, T-Mobile US. “This is a fantastic offer and we’re making it easier than ever for customers to get the latest amazing devices. Adding Zero Down in addition to JUMP!, and Simple Choice with no contract is all about making wireless work for consumers and shaking up this industry.”
The hottest devices of the summer at the lowest upfront cost combined with T-Mobile’s Simple Choice Plan, unlimited data on a nationwide 4G network and no annual service contracts gives customers an opportunity that’s tough to beat. The promotion will be available nationwide at participating T-Mobile retail stores, via customer care, and online athttp://www.T-Mobile.com. A selection of the devices included in the promotion is as follows:
Device Down Payment Monthly Payments
24 equal monthly payments for 0% APR on approved credit1Samsung Galaxy S® 4 $0 $25 Samsung Galaxy Note® II $0 $27 Samsung Galaxy S® III $0 $22 Xperia® Z from Sony $0 $25 $0 $27 Nokia Lumia 925 $0 $20 Nokia Lumia 521 $0 $5 BlackBerry® Q10 $0 $25 HTC One® $0 $25 Samsung Galaxy Tab(TM) 2 10.1 $0 $20 JUMP!
JUMP!, only from T-Mobile, offers customers the freedom to upgrade to a new device more frequently and affordably, and it includes handset protection that helps to protect against malfunction, damage, loss or theft – all for just $10 per month, per phone (plus taxes and fees). Customers can upgrade to a new phone, financed through T-Mobile’s Equipment Installment Program (EIP), twice every 12 months after they’ve been in the JUMP! program for six months.[3] Simply trade in an eligible T-Mobile phone in good working condition at a participating store location. Any remaining EIP payments will be eliminated, and current customers can purchase new phones for the same upfront pricing as new customers, with device financing3 and a no-annual-service contract Simple Choice Plan.Simple Choice Plan
T-Mobile’s Simple Choice and Simple Choice for Business Plan start with a base rate of $50 per month for unlimited talk, text and Web with 500MB of high-speed data. Customers can get 2.5GB of high-speed data for $10 more per month per line or unlimited data for an additional $20 per month per line. Customers can add a second phone line for $30 per month, and each additional line is just $10 per month. There are no caps and no overages on T-Mobile’s network, and no restrictive annual service contracts.
