Sprint (NYSE: S) is launching Sprint® Prepaid today, a new branded offer for those customers who want the control that comes with prepaying for their wireless service each month, the savings that come with paying for the device up front with no long-term commitment contracts, and the benefit of being with the Sprint brand. “Our goal is to respond to customers’ shifting demands by featuring a variety of wireless plans that meet different needs,” said Jeff Hallock, Sprint chief marketing officer. “This new Sprint Prepaid offer allows us to play more competitively in the monthly prepaid space. Prepaid plans are a viable solution for many consumers, and we’re now making these available to people who have an affinity for the Sprint brand, are looking for savings, and desire no-contract options without compromise.” Similar to Sprint’s popular prepaid brands – Virgin Mobile USA and Boost Mobile -- Sprint Prepaid is specifically designed for the Sprint customer who doesn’t want to go through a credit check or has hit other spending or line limits. With a prepaid plan, the customer pays in advance for the device and for each month of service and does not receive a monthly bill. Devices Sprint Prepaid expands on the “As You Go” no-contract plan introduced last year with new pricing, including smartphone plans for as low as $45 per month, expanded merchandising and a stronger device lineup that includes LTE and Sprint Spark™-capable options. At launch, top-selling smartphones eligible for Sprint Prepaid plans are:
- Sprint Spark-enabled Samsung Galaxy S4™ Mini
- 4G LTE-capable Samsung Galaxy S3™
- 3G Moto G
Sprint Prepaid customers will be able to participate in the popular Sprint Buyback program which allows them to trade in an eligible device to earn account credits. At launch, Buyback will be available to Sprint Prepaid customers online only and customers will receive a credit to their account. Customers can find more information at www.sprintbuyback.com including devices accepted and amounts paid for each device.Plans Sprint Prepaid customers can choose from two affordable plans for smartphones:
- Smart: $45: Unlimited talk and text, Wi-Fi enabled data only1
- Smart Plus: $60: Unlimited talk, text and data2
About SprintSprint (NYSE: S) offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint served more than 55 million customers at the end of 2013 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading prepaid brands, Virgin Mobile USA, Boost Mobile and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint as the most improved company in customer satisfaction, across all 47 industries, during the last five years. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America in 2011, 2012 and 2013. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint. 1 Not available on iPhone 4S. Wi-Fi access requires Wi-Fi capable device. 2 Includes 2.5GB/month of high-speed data. Video streaming may be limited to 3G speeds. 3 Coverage not available everywhere.