T-Mobile nixes down payments, ups monthly fees

Jul 26, 2013 by Anick Jesdanun

(AP)—T-Mobile is eliminating down payments on new phones, but it is increasing the price for some models through higher monthly payments.

Normally, T-Mobile charges a down payment for a phone and monthly installments until the device is paid off in two years. In dropping the down payment, some phones will be cheaper. Customers will save $30 overall for Samsung's Galaxy S4 under the promotion. The iPhone 5 will be $2 cheaper. But the HTC One will cost $40 more.

T-Mobile says it's revising prices to reflect demand and other factors.

T-Mobile US Inc. says its limited-time promotion begins Saturday. It's a response to new upgrade plans from AT&T and Verizon, which carry higher fees for phones but waive the down payment. T-Mobile hasn't announced an end date for the promotion.

Explore further: Putting net neutrality in context

not rated yet
add to favorites email to friend print save as pdf

Related Stories

T-Mobile gets rid of contracts for cellphones

Mar 25, 2013

(AP)—T-Mobile USA, the struggling No. 4 cellphone company, is ditching plans centered on familiar two-year contracts in favor of selling phones on installment plans.

Recommended for you

Putting net neutrality in context

23 hours ago

After much litigation, public demonstration and deliberation, the US Federal Communications Commission (FCC) voted 3 to 2 to adopt open internet rules. While the substantive details of the decision are not yet known, the rules ...

Key facts on US 'open Internet' regulation

Feb 26, 2015

A landmark ruling by the US Federal Communications Commission seeks to enshrine the notion of an "open Internet," or "net neutrality." Here are key points:

FCC allows city-owned Internet providers to expand

Feb 26, 2015

(AP)—People in small communities may get better, cheaper access to the Internet after the Federal Communications Commission ruled Thursday that city-owned broadband services can expand into areas overlooked by commercial ...

Regulators move to toughen Internet provider rules

Feb 26, 2015

(AP)—Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile would have to act in the "public interest" when providing a mobile connection to your home or phone, under new rules being ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.