Are T-Mobile’s No Contract Phones the Future?

(Ping! Zine Web Tech Magazine) – No contracts on data plans: Sounds tempting, right? Well that’s what wireless provider T-Mobile is offering.

The company last month made the move alongside adding the iPhone 5 to its offerings.

It’s known as the Simple Choice Plan. So how does it work? Here’s how T-Mobile previously explained it via a press release: “T-Mobile’s new Simple Choice Plan starts with a base rate of $50 per month for unlimited talk, text and Web with 500MB of 4G data.3 Consumers can add 2GB of 4G data for $10 per month per line or get unlimited 4G data for an additional $20 per month per line. Customers can add a second phone line for $30 per month, and each additional line is just $10 per month. There are no caps and no overages.”

“If you come to T-Mobile you have signed your last contract. They are dead. Gone. No more,” commented company CEO John Legere, according to ABC News.

Meanwhile, it’ll remain interesting to see if other wireless providers follow suit. Think the end of mobile contracts is upon us? Let us known via our Facebook page.