AT&T Mobility (NYSE:T) will launch its first LTE tablet, the HTC Jetstream, as it seeks to broaden its LTE device portfolio. However, the device carries a substantial price tag, which could pose a problem in the market.
AT&T said that starting Sept. 4 customers will be able to purchase the Jetstream for $700 with a two-year contract or $850 without a contract. By comparison, Verizon Wireless (NYSE:VZ) sells an LTE version of Samsung's GalaxyTab 10.1 for $530 for the 16 GB model and $630 for the 32 GB model, each with a two-year contract (the prices are $700 and $800 at full retail price, respectively).
AT&T also introduced new prepaid and postpaid LTE data plans for the tablet. The company said postpaid tablet customers can pay $35 per month for 3 GB with a two-year contract. Customers who choose not to sign a contract can choose from one of two options:
--Postpaid: $14.99 per month for 250 MB or $25 for 2 GB. Customers on the 2 GB plan who exceed their monthly data allotment will be charged $10 per 1 GB of overage, and charges will appear on customers' monthly billing statements.
--Prepaid: $14.99 per month for 250 MB or $25 for 2 GB. Customers on the 2 GB plan who exceed their monthly data allotment can choose to purchase an additional 2 GB for $25, and charges will appear on customers' credit card statements.
The Jetstream will run on the 3.1 Honeycomb version of Google's (NASDAQ:GOOG) Android platform and will be the first Honeycomb tablet with HTC's Sense UI. The tablet supports AT&T's 700 MHZ spectrum for LTE and also has HSPA+ support. The Jetstream features a 10.1-inch WXGA high-resolution display, a dual-core 1.5 GHz Qualcomm (NASDAQ:QCOM) Snapdragon processor, 8-megapixel rear camera and 1.3-megapixel front-facing camera and an expandable memory of up to 32 GB.
- see this release
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