T-Mobile offers Galaxy S5 with zero down payment and zero annual service contract

American telecom service provider T-Mobile US today announced Samsung Galaxy S5 smartphone with zero down payment, zero annual service contract, zero overages and zero hidden devices cost.

This means you can pay $660 for owing Galaxy S5 on T-Mobile network by coughing up $27.50 per month for 24 months. 

Also read: T-Mobile offers Apple and Samsung LTE tablets at Wi-Fi price, plus free 1.2GB of 4G data

One day before the official launch of Samsung Galaxy S5, T-Mobile US on Thursday announced the 4G LTE-enabled 16GB iPad Air for $499 against earlier price of $630. It also offered 4G LTE Samsung Tab 3 for a price of $200 against the earlier price of $312. Users will also get 1.2GB LTE data per month till the end of 2014.

Lisa Haydon presents Galaxy S5 smartphone

The special offer that can boost the sale of Samsung S5 on T-Mobile 4G network in the U.S. is coming at a time when a T-Mobile sponsored survey indicated that more than 40 percent Galaxy S4 owners are planning to buy Galaxy S5 within the next three months.

T-Mobile will also pay you and your family’s early termination fees (ETFs) when you make the switch, trade in your devices and upgrade.

The results of a new T-Mobile survey of Galaxy S 4 owners indicate that 89 percent of Galaxy S4 owners plan to purchase Galaxy S5.

The survey result reflects T-Mobile’s Galaxy S5 offer.

The survey also reveals 80 percent of Samsung Galaxy S4 consumers are open to switching carriers, and for nearly 2 out of 3 of them, the only thing holding them back is the fear of early termination fees and other charges.

Mike Sievert, chief marketing officer for T-Mobile, said: “People like to switch carriers at the same time they switch devices, and the Galaxy S 5 is the first major device launch of the year.”

T-Mobile will also offer Samsung’s Gear 2 Neo and Gear Fit at $199, while the Gear 2 will cost you $299.

Meanwhile, Samsung India has priced Galaxy S5 at Rs 51,500. Lisa Haydon, an Indian actress (in the pix) presented the latest smartphone to Indian mobile users today at a function held in Gurgaon, Delhi NCR.