Earlier this month, Walmart announced that the iPhone 5 would be available on its Straight Talk Wireless service. While the promise of US$45 monthly unlimited data, text, and voice service sounds wonderful, TechNewsDaily is reporting that the plan has restrictions.

Once you’ve used 2 GB of your “unlimited” data plan, your throughput is throttled so downloads will be quite slow. As we mentioned in our previous post, an unlocked iPhone 5 is available from Walmart in a 16 GB version for $649. So, the phone comes with a higher initial cost than a locked iPhone 5 available from other US carriers and the unlimited plan really isn’t unless you’re fine with dial-up speeds.

If, on the other hand, you rarely use more than 2 GB of data and use your phone primarily for voice and texting, then the Straight Talk plan might be worth your while. The $450 more you’ll pay up front for the phone does give you an unlocked phone, and in many cases would be recovered within about 8 months on Walmart’s plan.

Buyers of iPhones and iPads should always do the math when considering the ins and outs of discounted cellular packages.

[via BGR]

Why Walmart’s Straight Talk unlimited iPhone 5 plan may not be such a good deal originally appeared on TUAW – The Unofficial Apple Weblog on Thu, 17 Jan 2013 16:00:00 EST. Please see our terms for use of feeds.

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