Wal-Mart’s iPhone 5 Offer: $45 Unlimited Plan, No Contract Required

If you’ve dreamed of the day when you could get an iPhone without being chained to a two-year contract, or if you’re just interested in a cheaper monthly phone bill, this one’s for you. Just yesterday, Straight Talk (a division of TracFone) announced that beginning this Friday, January 9th, the company will begin offering the iPhone 4 and iPhone 5 in Wal-Mart stores around the country, completely contract-free.

Here are the pricing details:

  • iPhone 4 (8gb model only) will be $449
  • iPhone 5 (16gb model only) will be $649

As for your wireless plan, Straight Talk has two options: a $45 monthly plan with unlimited talk, text and data; or a $60 monthly plan that includes the same unlimited talk, text and data, plus unlimited calling to around 1,000 international destinations.

As for coverage and high-speed data: Straight Talk uses the big four wireless carrier networks in the U.S. No details were provided yet on whether or not the iPhone 5 will have access to 4G LTE, which is available from three of the big four networks. If it’s Verizon’s network that the iPhone 5 will be operating on through Straight Talk, that’s a huge win for prepaid-loving customers, since Verizon’s 4G LTE network is, by far, the most widespread.

So, who’s interested in saving some money? Let me know on Twitter: @mbchp.

[Update: A few of you have asked if you can bring your own iPhone. The answer is YES, provided that it comes from AT&T or is unlocked for use with any SIM. The same plans ($45 or $60) are available.]

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You should follow Mike on Twitter for more great tech insights and good conversation. If Twitter isn’t your thing, fear not, you can always keep up with Mike on his personal blog as well at: www.MikeBeauchamp.me or on Facebook.

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[Source: FierceWireless]

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