This sort of promotion is what got TracFone in trouble. Photo: StraightTalk
Although unlimited data was a promise carriers like AT&T once used to lure potential customers to their network, it doesn’t really exist anymore. Even if you have an unlimited data contract, carriers will throttle your connection once you push a certain data allowance every month.
Yet it’s starting to look like the Federal Trade Commission might be moving against carriers that throttle so-called “unlimited” connections. The FTC just smashed TracFone with a $40 million fine for throttling customers of its unlimited data service.
Retail giant Walmart announced today that it will be offering a prepaid iPhone in its stores starting January 11th. The iPhone will run on a $45 to $60 per month no contract, unlimited talk, text and data plan from the Straight Talk reseller, exclusively through Walmart.
Walmart is also offering a no interest fixed-monthly payment financing plan for the iPhone, if purchased with the Walmart credit card. Yes, you will be able to finance an iPhone 5 with unlimited talk, text, and data through Walmart (assuming approved credit) and Straight Talk ( a TracFone brand) for a whopping $70 a month. No word on how much you’ll actually be paying for the device after the financing has completed, though. This is a zero percent financing deal, so the $25 will never go up, and will end once the full cost of the iPhone is paid off.