Best Buy internal document leaks, making T-Mobile's current pricing easy to understand

Best Buy internal document leaks, making T-Mobile's current pricing easy to understand
Last month when T-Mobile announced its new UNcarrier pricing plans, it made a point of saying that national retailers do not have the capability to track Equipment Installment Plans. This meant that T-Mobile could either force customers purchasing one of their phones from Best Buy to shell out the full price of the phone, or pay a subsidized price with a 2 year contract. Not wanting to burden its customers, the nation's fourth largest carrier settled on the latter option.

Eventually, there will be a new pricing option made available for Best Buy that will be ready before the end of the big box retailer's current fiscal year. That would suggest that the new pricing plan would be in place before the end of February 2014. But for right now, a phone like T-Mobile's HTC One will cost $249.99 with a signed two-year pact at Best Buy and other national retailers. At T-Mobile corporate owned stores, you are asked to make a down payment of $99 and pay off the balance in 24 monthly installments of $20 each. And while you are not technically tied up with a two-year contract, your phone won't be unlocked until it is paid off.

The document does show that with the new pricing plan at T-Mobile corporate stores, over a two-year period you are still paying less for an unlimited data plan with the EIP pricing for an HTC One even though you are paying full price for the phone.

source: TmoNews


Related phones

One
  • Display 4.7" 1080 x 1920 pixels
  • Camera 4 MP / 2.1 MP front
  • Processor Qualcomm Snapdragon 600, Quad-core, 1700 MHz
  • Storage 64 GB
  • Battery 2300 mAh(18h 3G talk time)

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8 Comments

1. jerrycutshaw

Posts: 48; Member since: Apr 27, 2011

What Best Buy isn't telling their customers is the $20 unlimited data isn't required with the simple plans. Some data tier costs will be required with the classic/value plan Best Buy is offering. Gotta love the misinformation!

3. PAandi

Posts: 3; Member since: Apr 08, 2013

That's the business strategy; all the phone companies will scam you in one way or the other...that's the business

4. bubbadoes

Posts: 1225; Member since: May 03, 2012

It's still a contract, just not in writing. $99.00 down (caveat with approved credit) and you get to pay for the device @ $20.00 for the next 24 months. That's $579.00 you have paid to T-mobile. Leave early, and you owe the balance on that $579.00 or whatever retail value they want to place on you. It's a contract! period

7. TheMan

Posts: 494; Member since: Sep 21, 2012

What? You expect T-Mobile to just give you the phone? T-Mobile has no service contract. That's what the industry has referred to when you enter into an agreement, to keep service for one, two, or three years. Leave early and you're hit with a penalty. There's no penalty with T-Mobile's new Simple Choice; you can leave whenever you want. As for the phone, they allow you the option of paying it off over 2 years, but one can pay it off early. That's not a contract, that's a purchase and to expect something for nothing (or less than the whole payment) makes no sense.

5. imkyle

Posts: 1116; Member since: Nov 18, 2010

What BB needs to do is have live demo units of phones like the carrier stores do.

6. erikiksaz

Posts: 170; Member since: Apr 22, 2010

How is it a contract if: (1) you can pay it off in full and not have any other ties, (2) you determine how long you want to pay off the phone? Just because they require $20/month doesn't mean you need to drag it out that long. It is not a contract, it is a loan that you can pay off within 2 years or within 2 seconds.

8. TheMan

Posts: 494; Member since: Sep 21, 2012

Actually, it's an interest-free loan. Like layaway

9. bubbadoes

Posts: 1225; Member since: May 03, 2012

Lots of rookie teenagers posting in pa now who dont know simple plain english or a contract. How many of you are gonna pay full retail for The One when it comes out. Or be cheap with your 99 down and 20 bucks for the next 24 months. No matter how u slice it. U will be stuck with t mobile for 24 months paying off your phone and broke upfradimg every six months because if u leave before the phone is paid odd then you owe the balance. Then you are back to square one when you get your new phone. Call it whatever u want. I can think of several that come to mind. But i'll just get moderated

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