This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sprint Preps Pay-As-You-Go Service: Report

Stocks in this article: S AAPL MSFT GOOG

Sprint's response has been added to this story.

NEW YORK ( TheStreet) - Sprint (S)'s reportedly launching a no-contract, pay-as-you-go monthly cellular service of their own.

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:

Gary Krakow is TheStreet's senior technology correspondent.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs