Prepaid T-Mobile US (NYSE:TMUS) MVNO PTel Mobile plans to tweak its pricing plans in a move that will lower the cost of its unlimited talking, texting and slow-speed data offering. The actions come as a wide range of carriers and MVNOs work to modify their prepaid pricing plans and services in an effort to entice new users to their offerings.
Omar Abhari, senior vice president of operations at PTel, confirmed to FierceWireless the company's forthcoming pricing changes, noting they likely will be available by Friday. The changes were first reported by Prepaid Phone News.
PTel currently offers three monthly prepaid plans, all of which include unlimited voice and texting. The company's current $35 plan includes unlimited data at 2G speeds; its $40 plan includes 500 MB of high-speed data before throttling; and its $50 plans includes 2 GB of high-speed data before throttling.
PTel's forthcoming plans will include a wider range of options, and will lower the price of its current $35 plan to $25 per month. Here are PTel's forthcoming plans:
- $20 per month for unlimited voice and text
- $25 per month for unlimited voice, text and 2G data
- $35 per month for unlimited voice and text and 500 MB of high-speed data
- $50 per month for unlimited voice and text and 2 GB of high-speed data
- $65 per month for unlimited voice and text and 4 GB of high-speed data
PTel is an MVNO that has been around since 2001. In 2013 the carrier dumped Sprint (NYSE: S) as its host network in favor of T-Mobile. Last month, PTel's Giv Mobile brand began offering a free Alcatel OneTouch Android smartphone to anyone who purchases two months of service of at least $40 per month.
PTel's pricing changes are the latest recent actions in the prepaid wireless market. Just this week Sprint said it will launch a new prepaid brand called Virgin Mobile Custom that will use cloud-based billing and service platform technology from ItsOn, allowing customers create a mobile service plan they can customize on the fly. Earlier this month Verizon Wireless (NYSE: VZ) announced it would add LTE service to its prepaid offerings. And for its part, T-Mobile recently began offering prepaid iPhones, and it updated its GoSmart Mobile prepaid brand to increase the data speeds of its mid-level plan and to cut the price of its high-end plan.
- see this Prepaid Phone News article
Sprint launches personalized Virgin Mobile Custom prepaid brand using ItsOn technology
Verizon to bring LTE to prepaid starting Thursday, will offer calling, texting and 4 GB for $65
T-Mobile joins Sprint, AT&T in offering prepaid iPhones
MVNO Giv Mobile makes Alcatel OneTouch Android smartphone free with 2 months of service