[Update] Fido Launches Unlimited Canada-Wide $50 Talk and Text Plan

Update 1: Our own tipster notes:

You can’t use iPhone on this plan. In other words, if you want an iPhone at $159, you can’t use this plan.

Unless you sign up for a 3 year voice/data term, cancel, pay ECF (early cancellation fee) and DECF (data early cancellation fee) and switch to the new plan…which no one will do.

iPhone subsidy (discount) is ONLY available on 3 year voice and 3 year data.

In other words, this $50 plan ONLY benefits the following people who meet both conditions:

1.) Do not have a long length contract with Fido (or any contract)

2.) Own their own device

• Unlimited Local and long distance minutes Canada-wide
• Unlimited incoming calls Canada-wide
• Unlimited evenings and weekends Canada-wide
• Unlimited texting within Canada and to International numbers

Here are the eligibility details:

• Not available on 3 year terms
• For new or existing customers
• Not available for data subsidy; 2 year voice subsidy still applies
• Existing customers on 3 year terms will pay an Early Cancellation Fee (ECF) if they change terms
• Works with any device

Add this plan to the $30 6GB data plan, add caller ID and voicemail, and you’re looking at $92-95 per month plus tax. Who’s interested in this new Fido offering?

[via MobileSyrup]