Owning an iPhone is a great thing, but the plans sure aren’t. Favoring the carriers more than the consumer, up until now, if you wanted to use an iPhone in the United States, you had to sign yourself up to have your bank account drained for nearly $100 a month for the next twenty-four months.
Last week’s announcement that Cricket Wireless was entering the iPhone game radically changes the carrier landscape in the United States, at least as far as we customers are concerned. The prepaid carrier isn’t some regional oddjob: they service $7 million customers in all fifty states. For $55 a month, you get unlimited voice, unlimited data, unlimited texts… and no contract. The only rub? You have to lay out $500 for the iPhone up front.
It’s worth it. I decided to sit down with my calculator and figure out how much users can save if they get their next iPhone through Cricket instead of one of AT&T, Verizon or Sprint. The answer? A LOT. Here’s the data.