Today, T-Mobile held a press conference called the “Uncarrier” event in New York City and announced that they will offer the iPhone on their network now. You can purchase the iPhone 5 directly from T-Mobile starting April 12th. It will cost just $99 and then you pay $20 monthly for 24 months. You also have the option to purchase it outright at full price. T-Mobile is the only carrier to offer the iPhone with no contract, unlimited data, and a low upfront price. If you compare this to AT&T you will save $1000.

T-Mobile has supported unlocked iPhone’s on their network from the beginning, but has made major improvements to it’s network to offer all of the features. Previously you were limited to 2G data speeds and now you are able to receive 3G/4G data speeds in lots of areas. Not only has T-Mobile been refarming their network to support the iPhone but they have also been expanding it to support 4G LTE.

T-Mobile announced that they are moving very rapidly toward LTE. It will be in 90% of top 25 markets covering 200 million people covered by the end of the year with 100 million covered by midyear. Today, T-Mobile launched its state-of-the-art 4G LTE network in seven major metropolitan areas, including Baltimore; Houston; Kansas City; Las Vegas; Phoenix; San Jose, Calif.; and Washington, D.C.

Another neat feature that T-Mobile offers for the iPhone 5 is that they will be the only carrier with HD Voice on the iPhone 5 and if you are looking to save even more money, T-Mobile will offer the iPhone 4 and iPhone 4S as well.

T-Mobile is the last of the major carriers to get the rights to the iPhone and finally the wait is over. Now we just need them to continue to improve their network!