When T-Mobile, the nation's fourth-largest wireless carrier, started selling the iPhone 5 back in April, it offered the iconic smartphone for $99 down payment and 24 monthly payments of $20 to cover the full cost of the phone. And in an effort to push the device and lure would-be consumers into signing up, the Deutsche Telekom-owned telco last weekend started offering the device for the $0 down payment, with trade-in.
Unfortunately, the launch promotion for new users has ended now. As a result, the 16GB iPhone 5 now has a $149 payment, $50 more than before. Wait, the $99 down thing was actually a promo offer?