T-Mobile fans have been waiting longer than most cell carriers for LTE as well as iPhone upgrades but, on Tuesday, the company officially launched their LTE network in Baltimore, Houston, Kansas City, Las Vegas, Phoenix, San Jose and Washington, D.C., according to BGR.com.

Ranked third of American wireless carrier, T-Mobile's dramatic restructuring of its rate plans involve the elimination of annual contract requirements.

In a T-Mobile statement, the company's CEO John Legere said the communications industry is "filled with ridiculously confusing contracts, limits on how much data you can use or when you can upgrade, and monthly bills that make little sense."

During today's launch event in New York, Legere spoke even more passionately when he urged other cellular industry carriers to "stop the bullshit."

The company also announced during Tuesday's launch that it would soon offer a large selection of new smartphones, and specifically offered the iPhone 5 beginning on April 12 for $100 down and 24 payments of $20 per month or $580 up front. Preorder is available on April 5.

Additionally, T-Mobile's customers can purchase the iPhone 4S for $70 down and $20 per month or the iPhone 4 for $15 down and $15 per month over the same 24 payment period. No launch date was announced for the 4 or 4S.

All told, the company's prices for the iPhone 5 and iPhone 4 are actually cheaper than what it would cost customers to order directly from Apple's website.

T-Mobile consumers are able to purchase the highly anticipated Blackberry Z10 now for $100 down and $18 per month over 24 months.

Furthermore, T-Mobile is not forcing any surcharges down customers' throats. So, whether an individual pays $580 up front for the iPhone 5 or puts $100 down and pays off 24 monthly payments of $20, the price remains the same at $580.

T-Mobile's new Simple Choice plan means that every pricing tier provides customers with unlimited talk, text, and data for a flat monthly rate.

The basic rate costs $50 per month and 500MB of high-speed data. However, once customers use up that 500MB, the carrier will throttle the data rate down to 2G speeds for the remainder of said billing cycle.

Customers desiring more high-speed data are able to pay $10 more per month and receive 2.5GB, or, for $20 more per month they can are able to get unlimited data.

Legere said T-Mobile customers are no longer tied to the carrier's network. So, if they do not like the service, customers are capable of leaving at any time under the condition that they pay off the phone.