Last week, AT&T rolled out . A few days later Verizon responded with on its prepaid plans that cost $40/month or more. Now T-Mobile is following suit with a "limited-time offer" of $50/month for prepaid unlimited talk, text and data.
You can check out the banner below for more info:
There are some caveats. Video streaming is typically at 480p resolution (not HD), and T-Mobile may throttle your speeds if you use more than 50GB a month (which is a lot of data to use). Tethering is also at a max of 3G speeds instead of 4G/LTE.
The $50/month unlimited plan is a $10 discount from T-Mobile's regular prepaid unlimited plan ($60/month for T-Mobile Essentials Prepaid).
Verizon's recently discounted prepaid unlimited plan, while AT&T sells its prepaid unlimited plans for . In comparison, T-Mobile's $50/month plan is priced competitively, but there's also fine print to consider with each plan (like throttling, hotspot limitations and so on).
You can check outfor a breakdown of the different plans on the market.