Walmart in deal to offer iPhone on $45, no-contract unlimited plan

Las Vegas -- Walmart and Straight Talk Wireless, America's largest no-contract cell phone provider, announced that starting on Jan. 11, customers in more than 2,000 Walmart stores and online at Walmart.com will have access to the iPhone 5 and iPhone 4 on Straight Talk's $45 no contract unlimited talk, text and data plan. In addition, Walmart will be offering customers who purchase the phone in the store, a no interest fixed-monthly payments special financing offer for only $25 a month with a Walmart credit card.

The Straight Talk wireless no contract plan, exclusive to Walmart, saves consumers on average $950 a year when they switch from conventional contract plans with similar unlimited plans.

"We believe customers shouldn't have to choose between saving money and having the latest technology," said Seong Ohm, SVP entertainment for Walmart U.S. "Now customers can have the coveted iPhone with unlimited talk, text and data without a contract for $70 a month thanks to our exclusive Straight Talk plan and industry first financing offer."

The Apple iPhones for Straight Talk will be available for purchase at the following prices:

iPhone 5 will be available in black and white for $649 for the 16GB model only; and

iPhone 4 will be available in black and white for $449 for the 8GB model only.

Walmart will offer a special financing on the purchase of the phone for $25 a month with a Walmart credit card on these select models. GE Capital Retail Bank is the issuer of the Walmart credit cards.

 

Comments

It seems unlikely that

It seems unlikely that walmart would even make money off doing this? www.brightonmirealestate.org