T-Mobile announces zero down "sale" on all phones for the summer
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 cantake advantage of T-Mobile’s groundbreaking upgrade program, JUMP!™, 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 at http://www.T-Mobile.com. A selection of the devices included in the promotion is as follows:
Screen Shot 2013-07-26 at 9.23.25 AM
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. 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.
When small business customers activate a new line or renew an existing line of service with a Simple Choice for Business plan (min. 500 MB data required), they can access T-Mobile’s Business Extras bundle for added value. Business Extras customers with capable devices may opt into a free year of 24/7 remote IT support from a well-recognized, third-party service provider and a year of T-Mobile North American Flat-rate Data feature, allowing free monthly access to up to 150MB of overage-free, high-speed data across North America, including Canada and Mexico on our partner networks. Other benefits include two free paper-to-mobile form conversions, waived activation fees, Business Care support, Wi-Fi Calling on enabled devices, and free Smartphone Mobile Hotspot on select rate plans.
T-Mobile’s 4G LTE Network
T-Mobile’s 4G LTE network now reaches more than 157 million people across the United States and is live in 116 metropolitan areas. T-Mobile remains on target to deliver nationwide 4G LTE coverage by the end of the year, reaching 200 million people in more than 200 metropolitan areas. In addition, T-Mobile’s 4G HSPA+ service is available to 228 million people nationwide. By combining 4G HSPA+ and LTE network technologies, T-Mobile can provide customers with a strong, seamless nationwide 4G network experience.
1. papss (Posts: 2182; Member since: 03 Sep 2012)
At least they Re not making you pay more over the duration like the others and their deals...still lousy service though.
3. PapaSmurf (Posts: 4208; Member since: 14 May 2012)
I don't think you read the article at all. If you got an iPhone 5 16GB, instead of paying $145 + $21x24, you pay $0 + $27x24... Your monthly installments are higher, but barely come out cheaper in the course of 24 months.
6. squallz506 (banned) (Posts: 1075; Member since: 19 Oct 2011)
Dude, dont forget to factor in time-value of money. Assuming a risk free rate of interest of 4% the payments are actually 145+21((1-1.04^(-24))/.04)=465.19 VS 0+27((1-1.04^(-24))/.04)=411.67 A net savings of $54 because you are not paying up front.
9. k1ng617 (Posts: 217; Member since: 13 Oct 2009)
leaving it in the bank will net you less than 1% so that's not really a fair calculation.
17. squallz506 (banned) (Posts: 1075; Member since: 19 Oct 2011)
My money market account earns ~16%. 4 is more than fair.
11. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
lol ..... nice!! btw, Michael H's head just exploded when it saw your formula :)
18. squallz506 (banned) (Posts: 1075; Member since: 19 Oct 2011)
Lol its a simple present value of an annuity formula. Its called "a angle n". (1-v^n)/i where I is interest, n is # of periods and v is i^-1. Multiply a angle n by the payment and that's the present value of the payments. Actuarial math 101
19. Bernoulli (Posts: 1181; Member since: 01 Sep 2012)
Lol I could have used your help in engineering economics class
2. PapaSmurf (Posts: 4208; Member since: 14 May 2012)
I got excited when I read the title, but when I read you only save $1.99 in the long run, I stopped reading and started laughing. Only T-Mobile.
21. Shatter (Posts: 1655; Member since: 29 May 2013)
if it was att or verizon you would end up paying more in the long run.
4. -box- (Posts: 3470; Member since: 04 Jan 2012)
Hmm, if there's any savings on sales tax there could be more savings realized
8. k1ng617 (Posts: 217; Member since: 13 Oct 2009)
No, you are still charged tax on the full price of the phone. I did that last year with the Note 2.
5. davenycept (Posts: 84; Member since: 03 Jul 2012)
Am I the only one that sees tmo is killing me with these shenanigans? I just want to get a phone... I don't mind paying 239for a 2 year agreement but all this extra stuff is just an annoyance... does anyone else feel this way?
7. promise7 (Posts: 165; Member since: 03 Jul 2013)
I kind of agree, some ppl don't mind staying on a 2yr agreement for paying a susidized price. I thought t-mobile should have kept the option of paying a subsidized price and signing into a 2yr agreement, but also adding in their new no contract, pay full price of the phone plan. It would give users more options.
23. lolrus (Posts: 29; Member since: 18 May 2013)
You can still get a T-Mobile subsidized 2 year contract phone at a third party retailer.
Staples and Best Buy are two that I know of that carry the "classic" plans.
12. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
Nope but, the average consumer has sh¡t for brains and can't see the final cost.
10. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
Still a rip-off!! I swear the average consumer is so dense that they'll walk right into T-Mobile and swear this is a great deal!
20. Bernoulli (Posts: 1181; Member since: 01 Sep 2012)
Because it is a great deal? Over the lapse of two years you'd beat inflation, assuming Obama doesn't do something stupid and it stays at 3.4%, if it increases then it means more savings
22. Shatter (Posts: 1655; Member since: 29 May 2013)
Or buy a nexus 4 unlocked for $350 and save $300.
24. bigbmc26 (Posts: 41; Member since: 10 May 2012)
A Lumia 925 for $480 isn't anywhere near a rip off. You actually save $50 with this deal. Don't see the issue on certain phones. Apple is always a rip off!
13. xtroid2k (Posts: 286; Member since: 11 Jan 2010)
People complain regardless. If you have money to pu down awesome. If not, this is an awesome deal. You may not save that much money but the value of being able to walk into a store and come out with a phone of your choice with no immediate financial hold up has value in it self. I mean Americans have had credit since the 1930s and have accepted that sometimes you pay more for the privalage of instant gratification with out funds.
14. grapeseed87 (Posts: 84; Member since: 13 Mar 2013)
Its like if you dont have money, dont worry! You can still get the device you want but then will also have to pay eventually.
I think its a good deal on T-mobile's part, as the provider of phone them not taking anything upfront shows trust and flexibility.
15. salic (Posts: 24; Member since: 23 Dec 2011)
Why would a non contract carrier discount devices below their cost when you could leave the next day with your phone? The idea of $0 down appeals to a lot of people who find it much easier to cough up an extra $6/month than $150 up front.
16. MartyK (Posts: 651; Member since: 11 Apr 2012)
It's a great begining, any saving is better then No saving( even .50 saving)..not to mention your bill go down vs what other carries is doing at the present moment.