Thursday, March 28, 2013

Is T-Mobile's new no-contract plan really a good deal?





T-Mobile shook up the wireless industry this week with the introduction of its new no-contract service plans. But is the service really a good value for consumers compared to what the other big guys are offering?




In this edition of Ask Maggie, I answer that very question. A reader wants to know if he should ditch Verizon's wireless service for T-Mobile. While some people seem to balk at the notion that wireless consumers will have to "pay"for their smartphones under these new T-Mobile plans, I do the math to explain why even buying a device at full price on T-Mobile is still a better deal than a Verizon subsidized two-year contract.




And for another reader, I clarify some of the finer points of T-Mobile's device financing program.




If you are interested in learning more about T-Mobile's new plans, check out an in-depth FAQ that my colleague Kent German and I wrote earlier this week. It should answer many of your questions.




T-Mobile vs. Verizon Wireless




Dear Maggie, I am a Verizon Wireless subscriber whose contract is up later this year. But I am considering switching to T-Mobile since they announced their new plans. I live in the Washington, D.C. area so I'd be one of the first markets to get T-Mobile's LTE. From a value standpoint, would you recommend T-Mobile or would you recommend I continue to stick with Verizo... [Read more]




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