This week a German telecommunications company reported that it plans to cut the prices of the Apple iPhones that they carry. The proposed price slash will bring prices down from $629 to just $156. The offer is planned to be implemented on April 7 and run until June 30 according to Deutsche Telekom AG. The offer will be available to T Mobile customers who subscribe to an XL service contract that runs about $140 per month. They also plan to offer a starter service of just $45 per month which will come with an iPhone at $393. Deutsche Telekom AG is one of few operators that are authorized by Apple to distribute the iPhone, and the only carrier in Germany.