New and existing Sprint customers can preorder the iPhone 5 on Friday, Sept. 14. Orders will be taken starting at 12:01 a.m. PST (3:01 a.m. ET) at www.sprint.com/iPhone.

With a two-year contract, the iPhone 5 will $199 for the 16GB model, $299 for 32GB and $399 for 64GB.

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Sprint provides an unlimited data plan to accompany the purchase of the iPhone 5. MobileTechReview.com posted the following comment, made officially by the Sprint company in a press release:

"iPhone 5 requires activation on one of the Sprint Everything Data plans starting at just $79.99 with Truly Unlimited data, text and calling to any mobile. No throttling, no metering and no overages, all while on the Sprint network. With Sprint's Everything Data and other plans that include Truly Unlimited data, Sprint is continuing its history of data leadership by making it easy for its customers to use data in all the ways that are useful to them, such as news, email, music, TV and GPS navigation, without worrying about data overages on their monthly bill."

According to the Christian Post, Apple has posted phone plans for users to scan and see which fits them best. Share plans start at $60 a month for 2G of data and can go up to $100 for higher versions, according to the publication. For each smartphone added to the family plan, an extra $40 will be charged.

There will also be a discount in the price of the older iPhone. Apple is reducing the iPhone 4S by $100 for the 16GB, retailing for $99 instead of $199, with a two-year contract, according to The Huffington Post. They also reported that the 16GB iPhone 4 will be given away for free for those who sign contracts with mobile carriers.

CNET.com reported that a no-contract carrier, by the name of Cricket, will also be selling the iPhone and data plans. Cricket announced it will start selling the iPhone 5 on Sept. 28, exactly one week after the device is made available to U.S. customers by the other carriers.