T-Mobile temporarily drops its prepaid unlimited data plan to $50

Verizon and AT&T recently reduced their prices as well.

T-Mobile is the latest carrier to discount its prepaid unlimited data plan. For a limited time, the company is offering unlimited talk, text and data for $50 per month, which is $10 less than its T-Mobile Essentials Prepaid plan. The move comes after rivals Verizon and AT&T both recently knocked a few bucks off of their prepaid unlimited plans.

Last week, AT&T reduced its unlimited data prepaid plans by $20, bringing its two options down to $45 and $65. And earlier this week, Verizon followed suit by dropping its prepaid unlimited data plan to $65 for a limited time.

While T-Mobile's discount puts its plan at a competitive price, there are some caveats to keep in mind. The plan is approved for domestic use only, unlike AT&T's plan, which allows for talk, text and data use in Mexico and Canada. Both AT&T's and Verizon's plans also offer unlimited talk and text to Mexico and Canada. T-Mobile's regularly priced Essentials Prepaid plan, on the other hand, offers unlimited talk, text and data at 2G speeds in Mexico and Canada.

Additionally, T-Mobile says video will typically stream at 480p with its $50 per month plan, and customers using more than 50GB of data per month may experience reduced speeds during times of congestion. Tethering is also at a max of 3G speeds.

T-Mobile didn't say how long its deal will last. You can find out more here.