Prepaid iPhone Plan to Cost $55 for Unlimited Talk, Text and Data

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Apple's iPhone 4S, which wasn't called the iPhone 5, didn't have a larger screen and a tear-shaped case and didn't run Flash

Cricket Wireless is getting set to roll out a prepaid mobile plan for the iPhone 4 and iPhone 4S here in the U.S.

On June 22, you’ll be able to pick up a 16GB iPhone 4S for $500 or an 8GB iPhone 4 for $400, paired with a $55-per-month service plan that includes unlimited voice minutes, text messages and data, though the “unlimited” data is subject to a “fair usage policy of 2.3GB per month.”

Should you blow through 2.3 gigabytes of data in a single month, in other words, “Cricket may reduce the speed at which you can send and receive data over the Cricket network until the end of your service period. In such circumstances, you will still be able to use the service but your speed may be slowed to approximately 56 to 100 kbps,” according to the company. Those are painfully slow speeds for web surfing, but you’d be hard pressed to clear 2.3 gigabytes under normal, everyday use.

If you can stomach the relatively high upfront cost of the handset, this $55 per month plan is a good deal. Sprint, for instance, offers a similar plan for $110 per month. You can get the 8GB iPhone 4 for $100 from Sprint, but you’ll need to sign up for a two-year contract to do so.

With this Cricket deal, you plunk down $400 or $500 for your phone, pay $55 per month, and you can leave whenever you like. You’ll need to buy an iPhone from Cricket, though – you can’t bring an old one from another carrier.