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Thursday
Jun072012

No-Contract iPhones Coming in Late June

Tony Avelar/Bloomberg via Getty Images(NEW YORK) -- Virgin Mobile USA, one of Sprint's brands for prepaid, no-contract phone service, announced Thursday it will start selling the iPhone later this month.  

For customers looking to purchase the iPhone 4 or 4S without a contract or roaming and activation fees, Virgin Mobile will make the popular Apple smartphone available for as low as $549 dollars for a basic model. The high price of the phone comes with lower monthly charges starting at $30. Cricket, which is set to launch iPhone sales on June 22, will offer the phone for $150 less but with a $55 monthly plan.

Until recently, the iPhone could only be purchased with a contract.  Now wading into the no-contract market, Apple is making its product more accessible to a new set of consumers -- people with lower incomes and shaky credit at best.

Virgin Mobile iPhone sales will begin June 29 at select local retailers, Best Buy, Radio Shack or through its website.

Copyright 2012 ABC News Radio







ABC News Radio