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T-Mobile announces JUMP upgrade program, LTE in over 200 markets, & new family plan option

T-Mobile was in New York City today to announce a few new things for the future of their network. The biggest is T-Mobile JUMP, a new upgrade track for those who like upgrading their phones often. T-Mobile will allow users to upgrade their phones twice-per-year if they enroll in a new $10-per-month program.

Beginning July 14th, users can “upgrade to a new phone, financed through T-Mobile’s Equipment Installment Program (EIP), twice every 12 months after they’ve been in the JUMP! program for six months.” It requires you trading in an eligible T-Mobile smartphone, which we imagine will be the smartphone you’re looking to replace. T-Mobile says any remaining EIP payments will be eliminated for that old phone, and you will begin paying on the new one right away.

That wasn’t all T-Mobile had to announce this morning. The company revealed that it would be bringing 4G LTE to more than 200 markets by the end of this year, which is an impressively aggressive rollout pace. They have a lot of catching up to do, but this should put them in the upper-echelon of carriers with expansive 4G LTE coverage.

T-mobile has also announced new options for family plans. Launching July 14th, the company’s new Simple Choice Family Plan gives families up to four lines with unlimited talk, text, web and up to 500MB of high-speed data for just $100 per month following a one-time deposit. The plan requires no contracts or credit checks, just like all of T-Mobile’s individual plans now feature.

The event is still going on, with T-Mobile also announcing pricing and availability details for the waterproof Sony Xperia Z. You can find more details on that here. There are still a couple of cool surprises coming our way (more on that in a bit), so stay tuned for everything coming out of New York City this glorious afternoon.

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