T-Mobile (TMUS) Cuts LTE iPad Prices, Offers Free Data For Tablets Through 2014

NEW YORK (TheStreet) -- T-Mobile TMUS announced a new promotion that will cut the price of LTE tablets and offer free data for tablets through the end of 2014.

T-Mobile stock was falling 2.9% to $30.78.

The new promotion, called Operation Tablet Freedom, offers LTE tablets for the same price as Wi-Fi tablet, cutting prices by up to $130. Under the new promotion an entry-level LTE iPad Air would cost $499 instead of $629. The promotion also offers 1GB of free LTE data each month through the end of 2014.

The caveat to the deal is it's only available to T-Mobile smartphone customers. Those who want the free data options will also have to pay for phone service through the carrier.

Operation Tablet Feature is the second of three "Un-carrier" announcements T-Mobile has planned for the week.

Must read: Warren Buffett's 10 Favorite Growth Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TMUS Chart

TMUS data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

More from Markets

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China