Wireless Carriers Unveil New IPhone Installment-Plan Prices

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T-Mobile US Inc., AT&T Inc. and Verizon Wireless, touting their new installment-plan approach to mobile-phone pricing, will offer Apple Inc.’s iPhone 5C without an initial down payment.

T-Mobile will subsequently require 24 months of $22 payments, the Bellevue, Washington-based company said on its website. AT&T’s $22 installment plan will only last 20 months, though its service prices start at a higher rate. And Verizon is offering the 5C without a down payment and $23.06 per month over 24 months, according to its website.