T-Mobile Ending Contracts (VIDEO)

By Nina Settappa

T-Mobile Ending Contracts (VIDEO)

March 26, 2013 Updated Mar 26, 2013 at 8:25 AM EDT

UNITED STATES (www.incnow.tv) - T-Mobile USA is turning off its cell phone contracts.

The struggling #4 wireless company is the first major U.S. carrier to break away from the contract model. Under its new plans customers could save money in the long run. For a Samsung Galaxy3, you would pay $70 up-front and then $90 per month for unlimited calling, text, and data.

That monthly fee includes $20 to pay off the cost of the phone over two years and when the phone is paid off that fee would disappear.

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