July: T-Mobile USA will offer to pay off your mortgage

As we know T-Mobile USA are now starting up a new home phone telephone service, and they are making a huge push to promote this. T-Mobile are doing all they can to sign people up to their new service, and you would not believe some of the promotions that they are offering. In July T-Mobile are offering to pay off your mortgage or take over your rent payments, not only that, they are also giving away two new homes.

The new service is called T-Mobile @Home and will be launched today June 25. What this service allows you to day is switch over their existing home phone numbers quickly, and then they will be able to start receiving calls over a broadband connection cheaper than before.

Many people will be thinking, “how come T-Mobile is late to the ball game on this”, Vonage (VG) pioneered this service back in 2001. When you look at this kind of service today, some of the big providers are already doing it like Verizon (VZ) and AT&T (T). T-Mobile have a different goal for their new service, they do not wish to become a major force in a dwindling home phone services, T-Mobile what’s to deliver a blow to wireless competitors.

According to Business Week, the U.S. wireless market has been saturated, service providers in the business have to do what ever they can to steal customers from each other, and this is done by offering the best deals. Looking at T-Mobile’s deal, it seems as if they are offering the sweetest.

T-Mobile @Home at $10 per month is just half the price of Vonage’s lowest-priced plan, and when you think that an average telco phone-line user pays at least $65 per month, it seems that T-Mobile are certainly offering a sweet deal.