This evening, we received some info from Samsung that the new Exhibit II 4G will be launching on T-Mobile. It will be sold at Walmart stores beginning Oct 27th and then retail stores on November 2nd. It is expected to be priced at $29.99 after a $50 rebate on a two year contract or $199.99 without a contract. Read below for the full press release:
BELLEVUE, Wash. and DALLAS — Oct. 26, 2011 — T-Mobile USA, Inc. and Samsung Telecommunications America (Samsung Mobile), the No. 1 mobile phone provider in the U.S. 1, today announced the availability of the latest budget-friendly, feature-rich 4G smartphone: the Samsung Exhibit™ II 4G. The Samsung Exhibit II 4G will be the first no annual contract 4G smartphone to be sold at most Walmart stores, available starting Oct. 27. The Samsung Exhibit II 4G is also planned for nationwide availability with no annual contract plans as well as two-year contract plans starting Nov. 2.
“T-Mobile offers a variety of low-cost service plans that, paired with America’s largest 4G network, provide a compelling reason for consumers to step up to the benefits of 4G smartphones,” said Andrew Morrison, vice president, product management, T-Mobile USA. “The Samsung Exhibit II 4G is the perfect device for consumers desiring a smartphone with robust 4G entertainment and Web browsing experiences – at a price they can afford.”
Featuring a 3.7-inch WVGA TFT touchscreen and a 1 GHz Qualcomm® Snapdragon™processor, the Samsung Exhibit II 4G provides a variety of entertainment capabilities and Web browsing experiences on America’s largest 4G network®. The Samsung Exhibit II 4G offers access to thousands of popular TV shows and movies through T-Mobile® TV in mobile HD and Samsung Media Hub. Powered by Android™2.3 Gingerbread, the device features some of Google’s most popular applications and services such as Google Maps™ and Gmail™, plus thousands of others via Android Market™.
Offered in a stylish marine blue color, the Samsung Exhibit II 4G makes it easy to share and take photos and videos via its 3-megapixel rear-facing camera with flash and video capture capabilities. The front-facing camera also makes it easy to connect with friends and family via video chatthrough T-Mobile’s 4G network or Wi-Fi.Additionally, the device enables consumers to organize personal and business email accounts, as well as sync with Microsoft® Exchange and Google calendar and contacts.
The Samsung Exhibit II 4G, exclusively from T-Mobile, will be available at most Walmart stores starting Oct. 27 and is planned to be available nationwide at T-Mobile retail stores, online viawww.T-Mobile.com and at select dealers beginning Nov. 2. The Samsung Exhibit II 4G will be offered through no annual contract and two-year contract plan options, and is expected to cost $29.99 after a $50 mail-in-rebate card with a two-year service agreement and qualifying Classic voice and data plan, and $199.99 via no annual contract.
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1 No. 1 mobile phone provider in the U.S claim for Samsung Mobile based upon reported shipment data, according to Strategy Analytics Q2 2011 U.S. Market Share Handset Shipments Report.
About T-Mobile USA
Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG (OTCQX: DTEGY). By the end of the second quarter of 2011, approximately 128 million mobile customers were served by the mobile communication segments of the Deutsche Telekom group — 33.6 million by T-Mobile USA — all via a common technology platform based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42. T-Mobile USA’s wireless products and services help empower people to connect to those who matter most. Multiple independent research studies continue to rank T-Mobile USA among the highest in numerous regions throughout the U.S. in wireless customer care and call quality. For more information, please visit http://www.T-Mobile.com. T-Mobile is a federally registered trademark of Deutsche Telekom AG. For further information on Deutsche Telekom, please visitwww.telekom.de/investor-relations.
For more information about T-Mobile’s 4G products, please visit http://www.t-mobile.com.
This press release contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking statements may include statements with regard to the expected development of revenue, earnings, profits from operations, depreciation and amortization, cash flows and personnel-related measures. You should consider them with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom’s control. Among the factors that might influence our ability to achieve our objectives are the progress of our workforce reduction initiative and other cost-saving measures, and the impact of other significant strategic, labour or business initiatives, including acquisitions, dispositions and business combinations, and our network upgrade and expansion initiatives. In addition, stronger than expected competition, technological change, legal proceedings and regulatory developments, among other factors, may have a material adverse effect on our costs and revenue development. Further, the economic downturn in our markets, and changes in interest and currency exchange rates, may also have an impact on our business development and the availability of financing on favourable conditions. Changes to our expectations concerning future cash flows may lead to impairment write downs of assets carried at historical cost, which may materially affect our results at the group and operating segment levels. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, our actual performance may materially differ from the performance expressed or implied by forward-looking statements. We can offer no assurance that our estimates or expectations will be achieved. Without prejudice to existing obligations under capital market law, we do not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise.
In addition to figures prepared in accordance with IFRS, Deutsche Telekom also presents non-GAAP financial performance measures, including, among others, EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, adjusted EBIT, adjusted net income, free cash flow, gross debt and net debt. These non-GAAP measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IFRS. Non-GAAP financial performance measures are not subject to IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways.
About Samsung Telecommunications America
Samsung Telecommunications America, LLC, a Dallas-based subsidiary of Samsung Electronics Co., Ltd., researches, develops and markets wireless handsets and telecommunications products throughout North America. For more information, please visitwww.samsungwireless.com.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2009 consolidated sales of US$116.8 billion. Employing approximately 188,000 people in 185 offices across 65 countries, the company consists of eight independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
Hopefully LTG will receive a review unit soon so we’ll give you the full hands on review.