T-Mobile has removed iPhone 5 and iPhone 4S from its 'No Money Down' promotional plan starting today, on Saturday. However, AT&T's Next plan is still offering '$0 Down' iPhones including iPhone 5 with a price cut.
Bad news folks. If you want to buy iPhone 5 or iPhone 4S via T-Mobile's '$0 Down' promotion, it is not possible now. T-Mobile has dropped out both the devices starting today i.e. on Saturday. Now you have to pay atleast $145.99 down to buy an iPhone 5 with 2 years plan of $21 per month payment. While you have to pay $69.99 as upfront amount to buy an iPhone 4S and $20.00 per month for 24 months. However, you can still buy an iPhone 4S under this promotion with many other smartphones.
No reason of removing both Apple devices is given. But a T-Mobile representative told AllThingsD that, "As is the nature of promotions, pricing moves are temporary. However, combined with our Simple Choice plan, it’s easily one of the most affordable ways to purchase the latest iPhone."
Good news is that AT&T's zero upfront plan called 'Next' is still offering iPhones including iPhone 5. And AT&T has also lowered the prices of iPhones available via '$0 Down Next' plans. A 16GB iPhone 5 is available without any down payment via AT&T Next for just $27/month fee to be paid for 20 months. You have to pay T-Mobile a total of $650 ($504+$46) for iPhone 5 which will cost you $540 via AT&T. It means that you can save $110 on buying an iPhone 5 from AT$T instead of T-Mobile.