Tuesday, April 09, 2013, 10:08 pm PT (01:08 am ET)
T-Mobile announces iPhone trade-in plan to woo current owners from competing carriersAhead of debuting the iPhone 5 on its network later this week, T-Mobile on Tuesday announced the start of a trade-in program that offers current iPhone owners a chance to grab the latest Apple handset at no upfront cost and a $120 credit to put toward the "un-carrier's" monthly device fee.
The announcement comes less than a week after T-Mobile started accepting pre-orders for the iPhone 5 ahead of the device's official launch date this Friday.
As noted by The Wall Street Journal, outside of the special offer, T-Mobile will be selling the 16GB iPhone 5 for $100, with a $20-per month charge spread over the next two years covering the remaining device cost. As part of its "un-carrier" campaign, the carrier is doing away with device subsidies in exchange for lower monthly fees.
"Our message to iPhone 4S and iPhone 4 customers is simple: bring in your device and trade up to iPhone 5 on T-Mobile," said T-Mobile marketing chief Mike Sievert in a prepared statement. "We're making it incredibly attractive to buy an iPhone 5 by pairing an un-beatable upfront price and trade-in offer with Simple Choice, the most hassle-free and affordable rate plan in wireless."
The carrier will rollout the handset on April 12, while the trade-in program is will expire on June 16.
On Topic: iPhone
- Apple's A8 SoC likely carrying new 6-core PowerVR GPU, clocked at 1.4GHz with 1GB RAM
- Apple's iPhone 6 and iPhone 6 Plus reach record 4 million preorders in first day
- Samsung calls Apple's iPhone 6 Plus a Galaxy Note imitation in new ad
- iPhone trade-in roundup: Apple, Amazon, Best Buy, BuyBack World, Gazelle, NextWorth, uSell, Target & Walmart
- iPhone 6, iPhone 6 Plus preorder delivery dates slip as AT&T sees biggest-ever pre-sale launch