Walmart announced on Tuesday — as reported by “AppleInsider” (http://tinyurl.com/aeh3r39) — that it will be selling the iPhone 4 and iPhone 5 on Jan. 11, with no-contract plans furnished by cell provider Straight Talk Wireless priced at US$45 per month for unlimited talk, text and data.

Walmart’s handset selection will be limited to the 16GB iPhone 5 and 8GB iPhone 4, which are priced at $649 and $449, respectively, the article adds.

“We believe customers shouldn’t have to choose between saving money and having the latest technology,” says Seong Ohm, senior vice president of entertainment for Walmart. “Now customers can have the coveted iPhone with unlimited talk, text and data without a contract for $70 a month thanks to our exclusive Straight Talk plan and industry first financing offer.”