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Sprint Offers iPhone 6S For $1 a Month

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Sprint S announced Thursday that it will slash the costs of its iPhone Forever plan to just $1 per month for a 16 GB iPhone 6S and $5 per month for the 6S Plus model.

Sprint's iPhone Forever deal gives customers the option to lease iPhones from the company, allowing them to trade-in for the newer versions at a reduced cost. In this case, the customer would need to trade-in an iPhone 6 to qualify for the special price. The regular price for a 22-month iPhone Forever contract is $22 per month.

This news comes in the wake of T-Mobile TMUS cutting the price of its own upgrade deal. T-Mobile's "Jump on Demand" plan was reduced from $25 a month to just $5 a month for an iPhone 6S on Tuesday. Unlike Sprint's iPhone-based package, the Jump on Demand deal allows subscribers to upgrade as many as three times per year, whether they want an iPhone or a different brand of smartphone.

The price competition is heating up throught the wireless carrier market, as the industry leaders have ditched the typical two-year plan model. Switching from one carrier to another is easier than ever as well.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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