Cricket Wireless launches $70 unlimited plan, offers $100 bill credit to T-Mobile customers

AT&T's no-contract subsidiary Cricket Wireless is launching a new plan on Sunday, April 17. It offers unlimited talk, text and data for one smartphone line for $70 a month.
In fact, Cricket says that plan goes down to just $65 a month with a $5 credit if customers use Auto Pay. The carrier is going after T-Mobile customers with this new offer:
T-Mobile charges at least $25 more each month for its Simple Choice Unlimited Plan for one smartphone line on a smaller 4G LTE network. Very Uncool. Plus if you join the Cricket Nation now, we'll give you a $100 bill credit when you switch from T-Mobile.
While you do get unlimited data with this new plan, Cricket will cap your LTE download speeds at 8Mbps and your 4G speeds to 4Mbps.
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I have been writing professionally about technology and gaming news for 14 years.