T-Mobile announced Tuesday that it will finally be carrying the iPhone starting on April 12th. The iPhone 5 will be compatible with T-Mobile’s LTE network, which was also launched on Tuesday, but older models will not run on this new network. As a part of it’s recently touted “Uncarrier” plan, T-Mobile won’t force users into signing a two-year contract and will allow them to pay full price for the phone, or to spread the cost over 24 months with installment plans – for example a 16GB iPhone 5 will be $99 up front with 24 months of $20 payments, for a total of $579, which is $70 less than buying the phone from Apple.