T-Mobile offers massivly discounted iPhone

T-Mobile will sell the iPhone 3G for as little as €1 next month to German, Dutch and Austrian customers who sign up for one of its more expensive service plans, a ComputerWorld US report, said.

People who sign a 24-month contract and opt for one of T-Mobile's two priciest plans can have Apple's 8GB iPhone 3G for just €1, approximately US$1.55 at Monday's exchange rate, according to information released by the German telecommunications company,

The €1 price must be combined with either a €69 or €89 monthly plan.

The brawnier 16GB iPhone 3G will also be available at reduced prices for customers who select the more expensive plans. That model will cost €39.95 (US$62) or €19.95 (US$31) when paired with the €69 and €89 plans, respectively.

People inking lower-priced contracts may also be eligible for iPhone 3G discounts, said T-Mobile.