Will The New ‘All-in’ Plan Give Sprint The Edge It Needs?

On Tuesday, Sprint Corp S 2.46% launched its new all-inclusive, or “All-in,” plan, which offers consumers unlimited mobile phone services for a base cost of $60 per month.

The 3rd-largest U.S. mobile services provider after AT&T Inc. T 0.34% and Verizon Communications Inc. VZ 0.34%, Sprint is hoping the new unlimited plan will help narrow the gap with its top two competitors.

Alternative Approach

Over the past few years, Sprint has shifted toward offering month-to-month leasing plans with service fees, as opposed to the traditional two-year contract plans offered by its major competitors. Sprint’s change in approach has started price wars in the past, leading rivals AT&T, Verizon, and T-Mobile US Inc. TMUS 1.08% to offer a variety of new promotions and rates in response.

“All-in” Plan Details

Sprint’s newest venture provides…

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