Technology

T-Mobile Offers Cheapest iPhone 6s for $5 Under Trade-In Plan

An Oct. 19, 2012, file photo is of a T-Mobile store  in New York.  The Federal Trad Commission  Tuesday July 1, 2014, is alleging that T-Mobile USA, Inc., made "hundreds of millions" of dollars off its customers through bogus charges. (AP Photo/Mark Lennihan, file)
An Oct. 19, 2012, file photo is of a T-Mobile store in New York. The Federal Trad Commission Tuesday July 1, 2014, is alleging that T-Mobile USA, Inc., made “hundreds of millions” of dollars off its customers through bogus charges. (AP Photo/Mark Lennihan, file)

(Reuters) – T-Mobile US Inc offered the cheapest option to own the latest iPhone at $5 under the company’s trade-in plan, amid fierce competition among the top U.S. carriers ahead of Apple Inc’s highly anticipated phone launch.

Customers can get a 16 GB iPhone 6s for $5 per month without upfront payment, under an 18-month lease, in exchange of an iPhone 6, 6 Plus or Samsung Electronics Co Ltd’s Galaxy Note 5 and Galaxy S6 versions under T-Mobile’s latest plan.

They can also get a 16 GB iPhone 6s Plus for $9 per month under the plan.

Sprint Corp currently offers an iPhone 6s for $15 per month, under a 22-month lease, with its trade-in plan.

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