Sprint continues to try everything it can to stay with the big boys of the cellular industry. Fresh of a large cash influx from Japanese carrier, SoftBank, information is coming out that Sprint is trying some new plans in test markets to see if they are winners. The basic idea behind the My Way and My All-In plans is to make it as easy to shop for a contract wireless plan as T-Mobile has made it with their Simple Choice plans.
You start off with a $50 primary line and a $30 data payment if you have a smartphone. You then move to a second line that costs $40, the third drops to $30 and all additional lines are $20. You then can add a $30 unlimited data or $20 1GB data pack to each line. Of course, unlike the deal that T-Mobile offers, all smartphones must have an data line. Feature phones only require a $10 unlimited data feature or none. Let’s take a quick look at the individual plan pricing and the family plan pricing:
Sprint My Way Plans
Individual plan: $50 primary line, $20 1GB data = $70 + $14 taxes or $84 per month / $2016 over 2 years.
Family plan (5 lines): $160 5 lines, $100 1GB data = $260 + $52 taxes or $312 per month / $7488 over 2 years.
T-Mobile Simple Choice Plans
Individual plan: $50 primary line with 500MB data = $50 + $10 taxes or $60 per month / $1140 over 2 years.
Family plan (5 lines): $110 5 lines with 500MB data = $110 + $22 taxes or $132 per month / $3168 over 2 years.
Spot Mobile Plans
Individual plan: $40 primary line with 500MB data = $40 taxes included or $40 per month / $960 over 2 years.
Family plan (5 lines): $200 5 lines with 500MB data = $200 taxes included or $200 per month / $4800 over 2 years.
Keep in mind, Sprint is still subsidizing phones with their pricing, so the lower cost phones will help slightly. The other important piece of the puzzle is if you have solid T-Mobile coverage in the places you go. Overall, T-Mobile still has the best value in a family plan, but we would still stick with our pals at Spot Mobile unless you need the Wi-Fi calling or another T-Mobile native feature that the MVNO’s don’t offer.
Sprint’s new plans are a step in the right direction, but they are still far from a great deal in wireless. Keep in mind that on Boost Mobile, you can get unlimited everything with 2.5GB or 3G/LTE data for $55 with shrinkage. That puts the 2 year cost of a single line at $1140 for an individual and $5700 for a family of 5. We definitely like seeing the Sprint plans get cheaper, but it’s just not enough to sway us from our prepaid roots and stay contract free.