T-Mobile has some new game changing wireless plans! They are now offering Unlimited Talk, Text, and Data for $50/month without any long-term commitments (contract-free). A second line can be added for $30 more and each additional line thereafter is only $10/each, with a maximum of 5. The first 500MB of your data will be at 4G Speeds, the remaining will be throttled at 2G speed for the  month and you will never incur overage charges. An addition 2GB of high speed data can be added for $10 per line or you can get unlimited 4G for an additional $20 per line. USB tethering and smartphone mobile hotspot service is included without additional cost. Phones will no longer be subsidized, they will be sold at full price, but T-mobile is also offering some great financing options that will still net most customers savings compared to their competitor’s current offerings. If you have an existing compatible phone, they will also let you use it on their network with any of the new plans. New phones can be purchase for as low as $0 down and $5 per month for 24 months.

Here’s the break down of the new plans:

• Individual Plan: Unlimited Talk/Text/Data (500MB at 4G Speeds) for $50
• Family Plan w/ 2 Lines: Unlimited Talk/Text/Data (500MB at 4G Speeds) for $80 (50 + 30)
• Family Plan w/ 3 Lines: Unlimited Talk/Text/Data (500MB at 4G Speeds) for $90 (50 + 30 + 10)
• Family Plan w/ 4 Lines: Unlimited Talk/Text/Data (500MB at 4G Speeds) for $100 (50 + 30 + 10 + 10)
• Family Plan w/ 5 Lines: Unlimited Talk/Text/Data (500MB at 4G Speeds) for $110 (50 + 30 + 10 + 10 + 10)

Purchasing an iPhone 5 on T-Mobile compared to AT&T and Verizon (2-years):

• AT&T: Unlimited Talk & Text + 1GB of Sharable Data + iPhone 5 16GB for $85/month + $199 one time payment for phone ($2,239.99 over 2-years, $3,259.99 over 3-years)
• AT&T: 450 Min of Talk + Unlimited Text + 3GB Data + iPhone 5 16GB for $89.99/month + $199 one time payment for phone ($2,359.75 over 2-years, $3,439.63 over 3-years)
• Verizon: Unlimited Talk & Text + 2GB of Shareable Data + iPhone 5 16GB for $100/month + $199.99 one time payment for phone ($2,599.99 over 2-years, $3,799.99 over 3-years)
• T-Mobile: Unlimited Talk/Text/Data (2GB at 4G Speeds) + iPhone 5 16GB for $60/month + $20/month iPhone financing for 24 months + $99.99 one time downpayment for phone ($2,019.99 over 2-years, $2,739.99 over 3-years)