TELUS will sell the All New HTC One for $229 on a two-year

Ian Hardy

March 13, 2014 9:16pm

The “All New HTC One” will be officially unveiled on March 25th. Although, by this time there could be nothing to actually show off as everything has already leaked online, such as the device and its “Duo Camera.” The only features left to uncover are the improvements that Sense 6.0 will bring.

A few days ago we let you know that TELUS will jump on board and launch HTC’s newest flagship. We even scored an official press shot of the device with TELUS branding. We can now confirm, via TELUS’ PR reps, that this is true and they’ll be selling the new flagship for $229 on a two-year term, but noted “these prices may change.”

No word yet on the colour, but probably to start we’ll see this available in a silver “all metal body.”

  • silver_arrow

    Seriously is there anything about that device that won’t leak. Also I have noticed the carriers bumping up the on contract prices of phones even though they raised their rates so they didn’t have to raise upfront prices.

    • PersoninCanada3

      Keep in mind, the outright costs of phones has risen slightly as well. iPhone 4S and Samsung S3 debuted at $600-650 outright. The 5S and the S4 are $700 and $720 respectively. Not a huge jump, but it is a difference.

    • wes

      These outright prices are ridic.

    • KiwiBri

      they almost try to force the contract pricing.

    • wes

      Im waiting for project ara, if not, then ill buy the best sub 400$ phone outright, and save 10% a month with my carrier.

    • ToniCipriani

      Actually not really. I posted this a while ago on the previous leak, if the contract price is 229 on 2 year and the phone is 699 outright, you’re paying 18% interest for the phone by going on-contract.

    • KiwiBri

      wow.. when you put it that way it’s a big amount. I’ll have to work out the numbers I think… Really puts it into perspective.

    • wes

      please elaborate!

    • Joseph

      Sony did a good Job for the Z2, we didn’t know what was coming till they showed it off…..all we knew was it looked kinda similar to the Z1.

    • ToniCipriani

      OK it was based on a previous leaked number, but I guess it’s less of a case, I posted in a previous post:

      “Assuming 699 retail, 299 2-year on Telus SharePlus 85/2GB, cost over 2 years:

      via 2-year contract
      $299 + $85 x 24 = 2339 + taxes

      via no-contract
      $699 + $65 x 24 = 2259 + taxes

      So essentially a loan of $400, with a $80 finance charge. That’s 18.158% APR.”

      But considering it’s dropped to $229, it’s less of an effect. Though the numbers were still valid for the Note 3 at Rogers before they dropped the price earlier this week, they were selling it.

      And you are right, there is no competition with the hardware. All the carriers sell it at an inflated MSRP simply by putting a lock on it.

    • Stephen_81

      To be fair you can’t consider the full $80 as finance charge as there is still a service being delivered. your finance charge is the difference of service costs between contract and no contract costs. So in many cases $7-11/month depending on ones plan.

    • ToniCipriani

      No. The service delivered is paid for by the $65 a month. Read the formula again.

    • jroc

      You’re wrong. Number one, you assumed $299 on contract in the previous post.

      Number two:
      $229 + tax with an $85/month plan comes to a total of $2,563.97 over the two years. $699 + tax with the BYOD $65 plan (same data amount for comparative purposes) comes to $2,552.67 over two years. This means you only save $11.30 by buying outright assuming you stay with the same plan over 24 months.

      Since there’s essentially no interest, you can think of that $11.30 as a fee. If you use the $470 subsidy as the base of the “loan”, that fee only comes out to a 2.29% APR.

    • ToniCipriani

      Yes and I guess you missed my further comment on that below.

      But the numbers I threw were real for another phone: Note 3 on Rogers a week ago. Those were the exact numbers.

    • KiwiBri

      so it really comes down to if you get it on a cheaper price on contract if you end up saving a large amount over the term of the contract.

    • jroc

      In the span of 2 years the following applies: If the subsidy on the phone is less than $480, it is cheaper to buy it outright. If it’s more than $480 it’s cheaper to go on contract.

      This is contingent on the BYOD plans remaining $20 cheaper per month.

    • Gohy

      except you forgot one critical fact: ‘today dollars’ are worth more than ‘future dollars’. You need to calculate the difference of dropping down $700 right now versus keeping that $700 in an investment account and earning interest on it while you pay an extra $20/month for 24 months.

      Also the bigger fact is that most carriers drop the contact prices a few months after phone release to attract customers but the NEVER reduce the outright price.

    • jroc

      Quick correction: It should read FV of a dollar is higher than the PV. Not the other way around.

    • Erin Thompson

      Not true. Inflation erodes future buying power. A dollar today is worth more than one in the future.

    • jroc

      Yes, if you have your money sitting under a mattress. You can’t account for inflation and then totally ignore interest. It’s called the time value of money.

      The average inflation rate for 2013 was 0.94%, if you’re earning less than 1% interest on your money then you’re definitely doing it wrong. You can get more than that in a savings account.

    • Gohy

      No, I was correct in my statement. That is pretty much the cornerstone of our entire financial system. A dollar today is worth more than a dollar in the future. If you don’t believe me lend me $1000 today and I’ll give you back $1000 in two years ;-)

    • jroc

      Time value of money. You need to account for both interest and inflation. Good luck finding someone that’s going to lend you $1,000 interest free.

    • Sweet

      Agreed. I’ve seen carriers drop their on-contract pricing of phones, but not the outright pricing.

      They get away with it because they have no competition. All the non-carrier businesses who sell phones, are simply carrier resellers who sell them at the same prices as the carriers and collect a commission. We need stores like electronics stores and computer stores, who know how to make a profit selling low-margin items, setting their own prices for phones.

    • KiwiBri

      Downunder in Aust/NZ and in the UK the norm is now to buy your phones outright. I don’t think there is any carrier subsidy. There exists a lot of stores – mainstream chains that price devices better than the carriers. You also get the grey import stores too.

    • Sweet

      I’ve heard that about other countries as well. Before smartphones became popular, we used to have independent phone retailers here too. They would often carry phones that the carriers wouldn’t. Ah, the good ‘ol days. :-)

  • Sam Wiggans

    Definitely just going to buy it outright , with my hardware upgrade fee and that on contract price it’d cost the same amount anyways ..

  • Sean

    Why is this not going to be available on other carriers?

    • Patrick Cuyegkeng

      Says who? Exclusivity wasn’t mentioned here. It’s just TELUS images and PR.

      HTC can’t afford to be picky, unless TELUS backs a truck up full of money for exclusivity (and really… only Rogers does that).

  • Rich

    Always amazes me how pricey some of these phones can get, especially by comparison to Nexus devices.

    The other day I was thinking, do I want a new high end computer or a mobile phone that plays games with SNES graphics?

    • southerndinner

      So long as Nexus sales represent a 1-2 percent share, prices won’t drop elsewhere. Mobile Syrup commenters and its Nexus love isn’t even close to a representation of the real world.

    • Laer

      Buy the cheapest smallest phone you can find that can do LTE and be tethered. Burry that bad boy in your pocket and forget about it. Then find a size of tablet you want, and go to town for half the price and BYOD?

      You could probably use a USB LTE dongle plugged into a battery if you wanted. That would be a very fun project… hmmmm.

      Apply savings to new laptop?

      Update: Mifi 2 and a tablet? Maybe not so shabby.

  • D Kupp

    For those that are having an awesome plan like $55 for 6GB data and 400 day time minutes and unlimited call within 10 buddies, buy the phone outright and don’t bother with any contracts,

  • Garrett Cooper

    Back in February I was so excited for April and getting a brand new phone. This year has been such a let down I think I might just end up getting a Nexus 5, which makes me kick myself in the @$$ for not just buying it when it came out :(