Virgin will also be joining the prepaid arena
Beginning June 29, Sprint's Virgin Mobile USA unit will sell a 16-gigabyte version of the latest iPhone for $649, the same price as in Apple's stores, but will offer unlimited data plans--without the consumer needing to agree to a two-year contract--at nearly one-third the price of plans from rival postpaid carriers.
Plan pricing from the story
Virgin Mobile has prepaid plans that begin at $35 a month, including unlimited data and messaging with 300 minutes for phone calls. Data speeds will be throttled after the user consumes 2.5 gigabytes a month. An unlimited voice plan is available for $50 a month. The company offers a $5 a month discount to users that register for automatic monthly payments.
Customers can also pay an additional $15 a month to use their iPhone as a mobile hotspot.
In comparison, Leap is charging $55 for unlimited talk, text and data, with a similar limit on full-speed data. Plans with other wireless carriers are frequently $100 or more, and users are locked into two-year contracts.
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