Sprint's response has been added to this story.
According to the Android Police Web site, Sprint will begin offering a limited number of phones (smart and otherwise), which will be available to be used with a $70-a-month, prepaid, all-you-can-eat service plan. The information reportedly comes from internal Sprint documentation.
There have been few details, such as whether or not "Sprint As You Go" will include the carrier's new 4G/LTE connectivity in the plan. Or any 4G at all. The story does say that it appears you'll be limited to 3G services with no free roaming allowed.As for handsets, you won't have the same selection of phones as you would with a standard Sprint service plan. No Apple (AAPL) iPhones here. No Microsoft (MSFT) Windows Phones. No super-duper Google (GOOG) Androids either. Reportedly, you'll only be able to choose from four devices, ranging from a Samsung Victory ($250) and LG Optimus Elite ($150) at the high end to a Samsung Array ($80) and M400 "flip" phone ($50) at the other end of the scale. This sort of offering is not a new idea. Sprint leases out cellular services to a number of other companies, including Virgin Mobile, Republic Wireless (a VoIP/cellular service) and its own Boost Mobile. Some of those companies have data usage limits on their no-contract plans. The new Sprint service supposedly won't. Sprint As You Go will reportedly begin on Jan. 25. Sprint declined to comment when contacted by TheStreet. --Written by Gary Krakow in New York. >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV