U.S. regional carriers undercut major carries with iPhone 5 discounts

There’s just no getting around it: iPhone 5′s aren’t cheap. For most people, it’ll cost at least $199 with a two-year contract for a 16GB model. But U.S. regional carriers are sweetening the deal on the iPhone 5 with $50 discounts on all three iPhone models. Instead of $199 (16GB), $299 (32GB) and $399 (64GB), customers who sign two-year contracts with Appalachian Wireless, Cellcom or nTelos can pick them up for $50 less than what Apple (AAPL) and the three major U.S. carriers are selling them for. The same regional carriers are also selling the 16GB iPhone 4S for $49.99 with a two-year contract, or $50 less than Apple, AT&T (T), Sprint (S) and Verizon Wireless (VZ).

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