"Well-qualified customers, on approved credit, can still buy iPhone 5 from T-Mobile for $149.99 down starting Monday, May 13," a T-Mobile spokesperson told TechRadar.
"That's easily the most affordable iPhone 5 price on the market today."
While all of that is true, early adopters of the long-awaited HSPA+ equipped smartphone were able to pay only $99 down and $20 per month over two years for the iPhone 5.
Now, at $150 up front, it's only $50 cheaper than the down payment required by contract carriers AT&T, Verizon and Sprint.
T-Mobile iPhone 5 plans the same
The good news is that while T-Mobile wants an additional $50 for the iPhone 5 starting today, the monthly payment plans remain $20 per month for the duration of 24 months.
That means it's still cheaper to have a no-contract plan for T-Mobile iPhone 5 vs AT&T, Verizon and Sprint plans.
Whether or not that customers are fully aware of the binding T-Mobile contract remains up for debate.
Offsetting the iPhone cost
It's also still possible to get a free T-Mobile iPhone 5, according to the self-described Un-carrier.
"[They can] get an iPhone 5 for $0 down plus monthly payments through our special device trade-in offer."
While unfortunate news for prospective T-Mobile iPhone 5 customers, the fourth-place carrier's early adopters, for once, should feel as if they have gotten a good deal.