Starting this Friday, Verizon and AT&T subscribers can switch to T-Mobile, bring their current handset, and have it paid off up to $1,000 via a virtual prepaid MasterCard.
“AT&T and Verizon customers with brand-new 5G phones often find themselves without 5G coverage. According to the latest third-party tests, AT&T customers get a 5G signal less than half the time (44.8%) they use their phone, and Verizon customers only about a third of the time (34.3%),” said Jon Freier, Consumer Group President at T-Mobile.
“Now, those customers can switch to T-Mobile, and we’ll pay off what they owe the Carriers for their smartphone up to $1,000 — and they’ll save up to 20% on their family plan and get way more 5G coverage.”
The mobile carrier says that they will pay off as many as five phones owned by the same family.
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For example, if a family of five owes as much as $1,000 on their phones, they will receive up to $5,000 to pay off their old carrier when they switch to T-Mobile. If these families sign up for the basic Essentials plan, they can save as much as $420 on an annual basis compared to the basic plans offered by Verizon and AT&T.
T-Mobile also offers its Magenta and Magenta Max plans. With the Magenta Max plan, there is no throttling of data speeds based on usage, 40GB of high-speed mobile hotspot data (when that is consumed, you will have unlimited mobile hotspot at 3G speeds), free Netflix, and more.
After its 2020 merger with Sprint, T-Mobile became the third-largest carrier to truly rival AT&T and Verizon. Also known as the Magenta Carrier, T-Mobile has been disrupting the mobile communications space with its Uncarrier plans.
T-Mobile is also regularly topping customer satisfaction surveys. As of mid-2020, T-Mobile has the largest low-band 5G coverage in the US.
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