Verizon and AT&T Both Announced Prepaid Plans Perfect For The iPhone 4S

As rumored yesterday, Verizon has just announced that they are going to go head-to-head with the likes of Virgin Mobile for the contract-free, prepaid market… just a month before Apple is widely rumored to release a low cost iPhone of their own in the so-called iPhone 4S.

The bigger surprise? AT&T’s joined them and will be offering prepaid plans too.

AT&T’s plan is called “GoPhone.” It’ll be available to customers starting September 18th, and will cost $25 per month. For this, customers get 240 nationwide voice minutes and unlimited nationwide messaging; an extra $10 buys them the ability to use those minutes to make calls to fifty countries.

Not really a good deal compared to the competition: for $35, Virgin Mobile subscribers get 300 minutes, unlimited data and unlimited texting. But Verizon’s going to do a lot better.

Verizon’s unlimited plan, available on Thursday, costs $50 a month and it is unlimited in minutes, text messages and data. The data plan will be sold via Best Buy, Wal-Mart and Target, alongside Verizon Stores.

Really interesting. The big question is if we’ll see the iPhone 4S available for these prepaid plans. If so, the likes of Virgin Mobile may have a hard time competing.

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