T-Mobile to offer its most affordable no annual contract Android smartphone for under $100
Bellevue, Wash. — Aug. 23, 2012
T-Mobile USA, Inc., today announced the availability of the T-Mobile® Concord™, T-Mobile’s most affordable no annual contract Android™ option for those stepping up to their first smartphone. The Concord will be available to T-Mobile customers through a variety of no annual contract plans, including via T-Mobile Monthly4G™ and Walmart Family Mobile™.
Manufactured by ZTE, the T-Mobile Concord is equipped with the necessary features to keep customers connected with friends and family. The 3G smartphone is powered by Android 2.3 Gingerbread and is ideal for basic Web surfing, searching for a location via Google Maps or accessing favorite social networking sites. Coming in a sleek, midnight blue color finish, the new smartphone features a 3.5-inch capacitive touchscreen display and is equipped with a 2-megapixel camera, making it easy to capture and share memories.
Paired with one of T-Mobile’s single-line, Monthly4G no annual contract plans, customers have access to unlimited talk, text and worry-free data that doesn’t have a hard cap or result in overage fees, as well as access to T-Mobile’s nationwide 4G network. The T-Mobile Concord can also be paired with Walmart’s Family Mobile service, a monthly, no-annual-contract wireless plan option for individuals or families, also powered by T-Mobile’s nationwide network.
The T-Mobile Concord is expected to be available at Target starting August 26 for $99.99 with a qualifying Monthly4G plan. The T-Mobile Concord is also currently available at Walmart for $99.98 paired with a Walmart Family Mobile no annual contract plan.
About T-Mobile USA:
Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG (OTCQX: DTEGY). By the end of the second quarter of 2012, approximately 130 million mobile customers were served by the mobile communication segments of the Deutsche Telekom group — 33.2 million by T-Mobile USA — all via a common technology platform based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42. T-Mobile USA’s innovative wireless products and services help empower people to connect to those who matter most. Multiple independent research studies continue to rank T-Mobile USA among the highest in numerous regions throughout the U.S. in wireless customer care and call quality. In order to provide comparability with the results of other US wireless carriers, all financial amounts are in US dollars and are based on accounting principles generally accepted in the United States (“GAAP”). T-Mobile USA results are included in the consolidated results of Deutsche Telekom, but differ from the information contained herein as, among other things, Deutsche Telekom reports financial results in Euros and in accordance with International Financial Reporting Standards (IFRS). For more information, please visit http://www.T-Mobile.com. T-Mobile is a federally registered trademark of Deutsche Telekom AG. For further information on Deutsche Telekom, please visit www.telekom.de/investor-relations.
Monthly4G plans provide access to wireless service; capable device required for 4G speeds. The T-Mobile Concord is not 4G-capable.
This press release contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking statements may include statements with regard to the expected development of revenue, earnings, profits from operations, depreciation and amortization, cash flows and personnel-related measures. You should consider them with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom’s control. Among the factors that might influence our ability to achieve our objectives are the progress of our workforce reduction initiative and other cost-saving measures, and the impact of other significant strategic, labor or business initiatives, including acquisitions, dispositions and business combinations, and our network upgrade and expansion initiatives. In addition, stronger than expected competition, technological change, legal proceedings and regulatory developments, among other factors, may have a material adverse effect on our costs and revenue development. Further, the economic downturn in our markets, and changes in interest and currency exchange rates, may also have an impact on our business development and the availability of financing on favorable conditions. Changes to our expectations concerning future cash flows may lead to impairment write downs of assets carried at historical cost, which may materially affect our results at the group and operating segment levels. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, our actual performance may materially differ from the performance expressed or implied by forward-looking statements. We can offer no assurance that our estimates or expectations will be achieved. Without prejudice to existing obligations under capital market law, we do not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise.