Phone companies to sell discounted iPhone

(CBS/AP) NEW YORK - A handful of small cellphone companies say they're going to start selling the iPhone, at prices that undercut the big carriers.

NTelos Wireless of Virginia, Appalachian Wireless of Kentucky, and Alaska Communications and GCI of Alaska all announced Wednesday that they will begin selling the iPhone on April 20.

They'll charge $150 for the basic 4S model. That's $49 less than what AT&T, Verizon and Sprint charge. A two-year contract is required.

Cellcom of Wisconsin also said on its website that the iPhone 4S is "coming soon." It doesn't say when or how much it will cost.

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Another small regional carrier, Mississippi-based C Spire Wireless, started selling the iPhone last year.