Wal-Mart Stores Inc. (WMT) and Straight Talk Wireless will offer the iPhone on its $45 no contract unlimited plan, Wal-Mart said on Tuesday.
Starting on January 11, 2013 in more than 2,000 Walmart stores and online at Walmart.com, customers now have access to the iPhone 5 and iPhone 4 on Straight Talk's $45 no contract unlimited talk, text and data plan, Walmart said.
Walmart said it 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.
Walmart noted that 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.
Walmart stated that iPhone 5 for Straight Talk will be available in black and white for $649 for the 16GB model only. iPhone 4 for Straight Talk will be available in black and white for $449 for the 8GB model only.
Walmart said that it 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.
Pricing for the Straight Talk no-contract plans include $45 - No Contract Monthly Plan with Unlimited Nationwide Talk, Text, and Data; $60 - No Contract Monthly Plan with Unlimited Nationwide Talk, Text, and Data PLUS Unlimited International Calling to more than 1,000 destinations in Mexico, Canada, India, and in other countries.
Straight Talk Wireless is a brand of TracFone Wireless Inc., America's largest no-contract cellular service provider, and a subsidiary of America Movil S.A.B. de C.V. (AMX,AMOV).
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