Home » Top money-saving tip all T-Mobile customers should know!
In 1999, T-Mobile International AG & Co. KG holding company was founded. Following a process of deregulation, early Deutsche Bundespost Telekom became Deutsche Telekom AG and was privatized, mounting the largest European IPO seen to date. On July 5, 2005, Deutsche Telekom transformed its structure, where available, local mobile businesses were combined with the respective local wireline businesses. Today, T-Mobile is a communications behemoth, boasting over 100 million customers worldwide, adding 5.5 million postpaid customers in 2020 alone. In Q2 2020, T-Mobile overtook AT&T as America’s second-largest wireless provider. Impressive for a foreign company only 21 years old. In 2020, Sprint Corporation and T-Mobile US merged in a landmark $26 billion deal. Together the pair formed a 5G giant, offering comprehensive coverage across the states.
As have most mobile communications networks—helping forge market trends—T-Mobile has recently shifted much of its business to contract packages and plans. Owning the latest device is of greater importance than ever before. Previously, folk replaced their mobile phone after many years, at which point the smartphone was either redundant or broken. Today, though, owning the latest smartphone—which manufacturers replace with ferocious intensity—is a status symbol. A trend greatly favouring retailers. Whereas upon initial release smartphones had been the gadgets of only the rich, today, even young children demand the latest iPhone and device ownership is commonplace whatever your disposable income. Each year the number of smartphones sold increases.
In a rush to upgrade their devices, eager customers are regularly left owing smartphone providers. The easiest way to clear this outstanding debt is by selling their current device. As the number of customers regularly replacing their device increases, so does the market for high-quality second-hand smartphones. It has never been easier to purchase a quality second-hand smartphone, usually less than 12 months old and hardly used. Neither has it ever been easier to sell one. Avoiding the hassle of private sales, customers flock to smartphone recycling providers. These providers snap up second-hand phones at competitive prices from desperate sellers. If like so many others you find yourself needing to sell your device, there’s an easy trick that’ll help you get the most out of your sale.
Generally, contract providers like T-Mobile sell customers brand new smartphones with an associated contract package. The contract ties the customer into the package for a fixed period time, as well as requiring the device be paid for. These devices are usually locked to whatever network provides them. In this case, if your smartphone was purchased from T-Mobile, only a T-Mobile SIM card will function in that smartphone. This trend exploded in the early 2000s, consumers were so eager to own the latest smartphones that they needed more flexible purchase options, buying devices outright was no longer feasible. In response, large carriers like T-Mobile began offering monthly purchase options; however, there’s a catch. New devices are released so quickly that before consumers have paid their device off, a new device is released, leaving them needing to sell a locked device.
Though this device lock poses no issue to the contract owner, it does make resale particularly difficult, limiting the number of potential customers. The majority of second-hand smartphone buyers prefer SIM-only deals. These deals are flexible and short, customers regularly switch depending on the best available price. The desire for flexibility means buyers are willing to pay a premium for an unlocked smartphone. Conversely, locked devices are less attractive and usually achieve a much lower price. Don’t believe me? Select ‘Unlocked’ on any recycling website and watch the price of your device immediately jump up. So, if you’re one of the many thousands of people wanting to sell your T-Mobile smartphone this simple trick will help you make the most out of your sale. All you need to do is unlock your device from the T-Mobile network.
Admittedly, this used to be a cumbersome process, a regular unlock took several days and required innumerable trips to a physical store. Those days are gone. Today you can unlock your T-Mobile device with companies like DirectUnlocks (simply visit their website and select TMobile Unlock iPhone) without even leaving your home. The process is entirely virtual requiring only your IMEI and completed within as little as 6 hours. Whether you sell it privately or choose to recycle, once unlocked, your device will be worth as much as 20-30% more. Don’t get caught out by greedy buyers, make the most out of your second-hand smartphone. Maximising the sale value may help you cover the cost of your next device or provide some much-needed spending money. Either way, this simple trick will earn you money on your device!