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T-Mobile Is Stretching Its Device Commitment to 3 Years with New Installment and “2.0” Phone Plans

T-Mobile is launching new 36-month device financing options, rebranding its unlimited wireless plans, and introducing discounted student bundles to compete with recent pricing shifts from AT&T and Verizon.

Key Points

  • The new Equipment Installment Plan (EIP) Flex 36 allows customers to finance devices, taxes, and fees over 36 months with zero upfront costs.
  • T-Mobile is rebranding its postpaid unlimited plans to "2.0" versions, though base pricing and core features remain unchanged from previous offerings.
  • New Student Perks plans offer mobile service starting at $30 per month for up to two students with AutoPay enabled.
  • A student-focused 5G Home Internet bundle is available for $30 per month, including up to $200 in virtual prepaid card credits.
  • Financing rates for the EIP Flex 36 plan range from 0% to 24% APR, depending on the customer's creditworthiness.

Why it Matters

These changes reflect a broader industry trend where major carriers are adjusting financing terms and service bundles to attract budget-conscious consumers amid rising living costs. By extending payment periods and targeting students, T-Mobile aims to maintain its competitive edge against similar recent pricing maneuvers from rivals AT&T and Verizon.
CNET Published by Jeff Carlson
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