Telecom & Wireless
T-Mobile Offers Everything Free To Battle AT&T, Sprint, And Verizon
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The T-Mobile US division of German telecom giant Deutsche Telekom (NYSE:DT) has run a distant fourth in cellular subscribers in America well behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless (NYSE:VZ)(NYSE:VOD).
T-Mobile means to close some of that gap between itself and its rivals, but it may start a price war in the process.
T-Mobile announced that it will offer plans with no annual contracts and rates as low as $29 a month. The most expensive monthly plan the carrier will offer under its new program is $79,99 for unlimited talk, text, and web access.
The plan appears to be much more flexible that those offered by The Big Three carriers. It uses its two-year subscription plans and inexpensive access to premium phones to keep customers tied to high subscription plans for long periods of time. T-Mobile means to break those bonds and could cause a price war among the carriers as each tries to keep the customers it has from defecting to more attractive programs.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
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We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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