Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple T Mobile: Apple – T-Mobile Uses Its Power, Lands In Hot Water

Apple T Mobile: It was just about a month ago when we announced that T-Mobile was finally going to offer the Apple Inc. (NASDAQ:AAPL) iPhone 5 to its growing customer base. At the time, we discussed how this was a good thing for both the mobile carrier as well as Apple.

While things have been progressing just fine in terms of sales, it appears that T-Mobile has crossed the line with its marketing strategy.

Apple Inc. (AAPL) to be Added to Several WisdomTree ETFsBefore we go any further, it is hard to blame T-Mobile for doing everything it can to show the market that its Apple Inc. (NASDAQ:AAPL) iPhone 5 deal is among the best of the best. After all, the company is trying to track down AT&T and Verizon from behind.

Of course, none of this matters when the law gets involved.

According to the Washington State Office of the Attorney General, T-Mobile has been asked to clean up its act without delay.

Here is the problem, as stated in the official release by the Attorney General’s office:

“Washington State Attorney General Bob Ferguson has entered into a court-ordered agreement with T-Mobile to correct alleged deceptive advertising that promised consumers no annual contracts while carrying hidden charges for early termination of phone plans.”

When T-Mobile rolled out the Apple Inc. (NASDAQ:AAPL) iPhone 5 earlier this month, the company did so with new rate plans. While there is nothing wrong with this, it appears that there was some gray area that confused consumers.

According to Attorney General Bob Ferguson, the wireless carrier neglected to show that even though there is no annual contract for subscribers, those who stop using the company’s service are still required to payoff any remaining cost of the device.

This is related to the plan that allows Apple iPhone buyers to purchase the device over the span of 24 months.

Ferguson took a hard line stance on T-Mobile, stating that:

“As Attorney General, my job is to defend consumers, ensure truth in advertising, and make sure all businesses are playing by the rules. My office identified that T-Mobile was failing to adequately disclose a critical component of their new plan to consumers, and we acted quickly to stop this practice and protect consumers across the country from harm.”

T-Mobile has been asked to more clearly disclose the details of its contract free plans while also offering a full refund to customers who made a purchase between March 26 and April 25, 2013.

While this is no fault of Apple Inc. (NASDAQ:AAPL), T-Mobile saw the chance to capitalize on the popularity of the iPhone 5 and stretched things a bit too far to make this happen.

Check back here for more updates on Apple T Mobile.

DISCLOSURE: I have no positions in any stock mentioned.

For more news stories, visit these pages:

Will Twitter Disrupt News As We Know It?

Why Carl Icahn Is Dead Wrong About Apple

Ride Apple’s Coattails to Double-Digit Profits With This $10 Stock

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!