Love Your Discount, Not Your Carrier? T-Mobile Will Match or Beat that Discount on Magenta
May 23 2019 - 09:10AM
Business Wire
- What’s the news: T-Mobile will
match or beat your eligible wireless discount when you switch.
Upgrade to the next evolution of T-Mobile ONE, the newly named
Magenta plan, packed with more benefits. Plus, score a smartphone
on us or our best smartphone deal ever this year – buy any of the
new Samsung Galaxy S10 smartphones and get up to $900 off a second
one of equal or lesser value, which means you could get an S10 or
S10e on us.
- Why it matters: Roughly 30% of
wireless customers with discounts stay put because of that deal.
Think again. T-Mobile will match or beat those discounts, offering
millions of carrier customers a chance to break free.
- Who it’s for: Anyone who’s been
white-knuckling their discount while cursing the Carriers.
The Un-carrier just rolled out the Magenta carpet – and plan.
Today, T-Mobile (NASDAQ: TMUS) announced it’s squashing yet another
barrier to wireless freedom by matching – or beating – your
eligible discount from Verizon, AT&T or Sprint. You’ll get
Magenta, the evolution of T-Mobile ONE, the industry’s best
unlimited plan. And T-Mobile sweetens your switch with deals on the
latest phones including a smartphone on us, T-Mobile’s best-ever
smartphone deal this year with a Samsung buy one get one (BOGO) of
up to $900 off when you add a line. It all starts on June 2nd.
Today, around 50 million people have wireless discounts1 from
the Carriers – grandfathered discounts they think no one can match
and that they don’t want to lose. In fact, roughly 1 in 3 of those
customers say their employer discount is one of the reasons they
stay with their wireless provider2. Well, T-Mobile’s gonna free
you. Bring that eligible discount over to T-Mobile, and the
Un-carrier will match or beat it, dollar for dollar via bill
credits. And, once you switch, you can keep your new Magenta rate
plan – and that discount – unless you change it … that’s T-Mobile’s
Un-contract promise.
“We started this Un-carrier revolution to bring more
transparency, value and freedom to wireless. We believe no one
should feel trapped by their wireless company,” said John Legere,
CEO at T-Mobile. “Before the Un-carrier, people were locked into
annual service contracts and financing plans, and we changed all
that. Now, we’re freeing millions more. Lose your Carrier, keep
your discount!”
Here’s how it works. Just bring your latest bill from Verizon,
AT&T or Sprint showing an eligible corporate, affiliate,
military or senior service discount to a T-Mobile store when you’re
ready to switch. Your T-Mobile Expert will review and verify your
discount, set you up on the newly-named Magenta plan and match that
discount dollar for dollar – in $5 increments which could actually
beat your Carrier discount -- up to $15 for one line and $30
total for two or more lines.
Introducing Magenta: New Name, Same Price, More
Benefits.
T-Mobile also announced that T-Mobile ONE – the plan that made
unlimited the industry norm – and ONE Plus are evolving. Meet
Magenta and Magenta Plus.
Magenta has just three differences from T-Mobile ONE:
- New name. Because who doesn’t love
magenta.
- More benefits. Magenta adds 3GB of
high-speed smartphone hotspot – or tethering – per line and
unlimited 3G tethering thereafter. That’s another $3 in value per
line. T-Mobile ONE had no LTE hotspot. Because 72% of consumers
prefer using a hotspot to public Wi-Fi.3
- Netflix on Us changes. To account for
the Netflix price increase earlier this year, Magenta includes
Netflix Basic for families. Existing T-Mobile ONE customers with
Netflix on Us that includes Netflix Standard will see the Netflix
price change of $2 per month for Netflix Standard passed through
starting in July. To avoid that, those customers can either turn
off Netflix on Us or change to Magenta.
Magenta Plus keeps all the value in T-Mobile ONE Plus including
a Netflix Standard subscription for families.
Your other benefits on Magenta stay the same, including the
price. You’ll still get unlimited talk, text and 4G LTE smartphone
data and all the Un-carrier benefits like taxes and fees included,
weekly discounts and free stuff from T-Mobile Tuesdays, free data
and texting in 210+ countries and destinations, an hour of Gogo
inflight Wi-Fi and unlimited texting all flight long on domestic
flights, and more. Plus, you’ll get the best customer care in
wireless with a dedicated Team of Experts.
Pay $0 for Your Smartphone
Plus, T-Mobile has smartphone deals for both new and existing
customers. New customers who switch to the Un-carrier with two
voice lines can get a smartphone on us with bill credits with
port-in and qualifying trade-in! That means after 24 months, you’ll
pay NOTHING but sales tax for that brand-new smartphone! Or anyone
can get up to $300 off any new Samsung Galaxy S10e, S10 or S10+ via
rebate and qualifying trade-in or buy any of the new Samsung Galaxy
S10 smartphones and get up to $900 off a second one of equal or
lesser value – which means you could get an S10 or S10e on us --
with bill credits when you add a line.
Ready to switch? Starting June 2nd, visit any T-Mobile store
nationwide. For more about matching your discount and Magenta,
visit https://www.t-mobile.com/offers/discount-program. For more
about your Netflix benefit, visit
https://www.t-mobile.com/brand/netflix-news.
Limited time offers; subject to change. If congested, customers
using >50 GB/mo. may notice reduced speeds due to
prioritization. Must be active and in good standing to receive bill
credits. Discount Match: Participating locations. Qualifying
credit & port-in required. Up to 12 lines. Submit verification
to receive and maintain credits. If you cancel lines discount may
be reduced. Magenta: Up to 3GB high-speed tethering then
unlimited on our network at max 3G speeds. Netflix: Receive
Netflix Basic 1-screen (up to $8.99/mo. value) while you maintain
2+ qual’g lines. Like all plans, feature may change or be
discontinued at any time. Netflix Terms of Use apply. 1 offer per
account. Smartphone Offers: Device tax due at sale.
Contact us before cancelling service to continue discounted
device payments, or credits stop & remaining balance is due on
all devices. Qualifying credit, service, & finance
agreements required. May not be combined with some offers or
discounts (e.g., Carrier Freedom). Finance agreements req’d.
Example pricing: Galaxy S10+ 128 GB: $249.99 down + $31.25/mo. x 24
($999.99); 0% APR.
About T-Mobile US, Inc.
As America's Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is
redefining the way consumers and businesses buy wireless services
through leading product and service innovation. Our advanced
nationwide 4G LTE network delivers outstanding wireless experiences
to 81.3 million customers who are unwilling to compromise on
quality and value. Based in Bellevue, Washington, T-Mobile US
provides services through its subsidiaries and operates its
flagship brands, T-Mobile and Metro by T-Mobile. For more
information, please visit http://www.t-mobile.com.
_______________________1 Based on HarrisX Mobile Insights survey
data among subscribers who have not switched providers in the past
year, and currently receive a discount on their wireless plan
through a relationship their employer has with the provider. The
population benchmarks are updated on a quarterly basis from Census
estimates and are used to calculate population weights for each
month of Mobile Insights data. Estimates across several months are
computed as an average. Population estimates are a projection of
individual mobile subscribers ages 13+. Underlying source data is
estimation based on national survey of 90,000 quarterly mobile
phone users, July 2018 - March 2019.
2 Based on HarrisX Mobile Insights survey data listed in 1
above.
3 CivicScience Survey of 537 wireless customers, May 2019
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Media ContactsT-Mobile US, Inc. Media
RelationsMediaRelations@t-mobile.com
Investor Relations ContactT-Mobile US,
Inc.investor.relations@t-mobile.comhttp://investor.t-mobile.com
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