Here’s a sight for sore eyes – the iPhone will finally be available on a pre-paid plan. On June 22nd, Cricket Wireless will become the first carrier in the United States to offer prepaid plans for the iPhone 4 and iPhone 4S.
That prepaid plan is wonderfully simple, too – $55 for unlimited talk, text, and data, all without a contract. Granted, unlimited data is a little bit of a misnomer – there is a “fair usage policy” of 2.3 GB per month. It’s likely Cricket will throttle data past that threshold. Still, $55 is a far cry from what many would be paying per month on a Verizon or AT&T contract, so it goes without saying that Cricket’s prepaid plans are worth a look.
The only catch is for those looking to buy their first iPhone – they won’t have access to those lower subsidized prices that Verizon and AT&T can offer for the iPhone 4 and 4S. The 8 GB iPhone 4 and 16 GB 4S can be purchased from Cricket for about $400 and $500, respectively. If you stretch the prices out over two years and add up the price of the phone and all of the monthly costs, Cricket’s offering is certainly cheaper. It’s just a question of how many people will be able to afford that more daunting up-front price. For those who can, owning an iPhone looks like it’s going to be a whole lot more affordable.