T-Mobile now offers the iPhone 5 for $99 on contract

Today the iPhone has finally hit T-Mobile, complete with a unique plan that allows the company to compete with even the highest-powered carriers. With the iPhone 5, you’ll be able to pay $99.99 USD down and $20 per month for 24 months – that’s the price for the hardware itself. You’ll be paying a separate amount for service, but the hardware price is that one down price and 24 months of $20 until you pay the device off – simple enough?
The T-Mobile deal here is allowing you to stay away from a 2-year contract. You’ll also be able to pick up the iPhone 4S, that device coming with a $69.99 USD price with $20 USD for 24 months as well. The iPhone 4 will also be available for a shocking $14.00 down and $15 per month for 24 months.

This cost structure goes by the name “Simple Choice Plan”, and again, it stands aside from your data, voice, and text prices. Those prices are also detached from 2-year plans or even 1-year plans. If you want to pick up one of these devices, you’re making a payment plan for the hardware, and that’s it.

You’ll be able to pick up the iPhone 4, iPhone 4S in “select markets” – we’ll see how wide the release is soon. Meanwhile the iPhone 5 will be available nationwide starting at April 12th – that’s a Friday. You’ll be able to start pre-ordering the iPhone 5 starting on April 5th – online and in T-Mobile stores nationwide too – go for it! (Slashgear)

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