HTC One on T-Mobile will cost a whopping $579

Summary:The HTC One will hit three major US carriers soon and T-Mobile just announced its pricing. The newest phone from HTC will require a down payment and an installment purchase plan.

HTC One T-mob

There is no question that the HTC One is a great phone according to reviews, including our own by Matt Miller . HTC scored a coup by getting three major US carriers to carry the HTC One. While the other two carriers have detailed cost and availability, T-Mobile just announced its pricing for the phone and it's a doozy.

The pink carrier obviously wants to reduce the initial out-of-pocket cost for buyers and will only require $99 down to purchase the HTC One. The key word in that purchase contract is "down", as it's only the beginning. T-Mobile will also require a 24 month installment plan that will run an additional $20 per month for "well-qualified T-Mobile customers 0 percent annual percentage rate on approved credit".

That puts the total cost to HTC One buyers at a whopping $579, while still requiring a two-year commitment. T-Mobile has perfected the scheme of charging no-contract phone prices without omitting the contract. Pretty clever.

Update, 11.05am PT: To be clear, the two-year contract is a purchase contract for the phone. T-Mobile does not require a contract for phone service. You can take the phone to another carrier (if that carrier will let you) at any time. You do have to make phone payments to T-Mobile for the two years of the purchase contract, or pay the entire $579 early to unlock the phone.

Topics: Mobility, Android, HTC

About

James Kendrick has been using mobile devices since they weighed 30 pounds, and has been sharing his insights on mobile technology for almost that long. Prior to joining ZDNet, James was the Founding Editor of jkOnTheRun, a CNET Top 100 Tech Blog that was acquired by GigaOM in 2008 and is now part of that prestigious tech network. James' w... Full Bio

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