Choosing the Cheapest Unlimited Data Mobile Plan Just Got Easier - EcoFinBiz Blog

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Choosing the Cheapest Unlimited Data Mobile Plan Just Got Easier

After months of stability, suddenly there’s a price war breaking out for mobile phone service. But this time around, it’s just for customers who pay their bills in advance every month, for so-called prepaid service.

In the latest salvo, this week, T-Mobile tmus cut the price of its unlimited data prepaid plan by $10 to $50 per month. The “limited time offer” has a few of the usual mobile plan caveats, too. Streaming video is degraded to DVD-quality, tethering a laptop or other device is limited to 3G speeds, and overall service can be slowed if a customer uses more than 50 GB in a single month.

The price cut comes as T-Mobile is trying to get regulatory approval to merge with Sprint. Some other players in the prepaid market have said the merger would reduce competition in that arena, but Sprint s and T-Mobile have vowed to continue offering their various, separate prepaid brands.

The move by T-Mobile, the third-largest carrier, also followed recent price cuts by its two larger rivals. By dropping its prepaid unlimited plan to $50, T-Mobile will restore the price advantage it had before AT&T and Verizon cut prices on their prepaid unlimited plans.

AT&T t last week announced a limited-time, $20-per-month discount for new sign ups on its two prepaid plans. Customers can get AT&T’s usual $65 plan for $45 a month, which includes downgraded video, no tethering, and potential slowdowns after a 22 GB threshold. Or, customers can opt for AT&T’s premium $85 plan for just $65 per month and get HD-quality video, 10 GB of tethering, and the 22 GB threshold for slowing.

That prompted a move from Verizon, which simply started offering a $5 per month discount on any prepaid plan that cost at least $40 per month if the customer signed up for autopay. That brought the cost of the carrier’s prepaid unlimited data plan to $65. Video streaming is downgraded, tethering is not included, and data speeds can be slowed at anytime if Verizon’s network is congested. Verizon vz also upped the data allowance for its 7 GB limited data plan to 8 GB.

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