AT&T Inc. is going to start selling iPhones without requiring a two-year contract, but they will cost $400 more than those sold with contracts.
Spokesman Michael Coe says AT&T will start selling the phones next Thursday for $599 and $699 depending on the memory capacity. The two models cost $199 and $299 under contract.
The phone company had said in July, when the latest version of the iPhone was launched, that it would sell contract-free phones in the U.S. Such phones are sold in some other countries.