O2 Drops Price Of Samsung Galaxy S2 To £357

O2 has quietly dropped the price of the Samsung Galaxy S2 to £357, a price that can be reached by buying the handset on a two year pay monthly contract.

The deal, which is available direct from O2 and does not include any potential cashback, comes with 50 minutes and 250 texts. Users will have to call O2's customer service and ask them to remove the 100MB data allowance to shave £3 off the monthly £13.50 cost.

Then there's a £104.99 upfront fee which is roughly 30 per cent of the total cost of the device and is essentially a deposit for a two year interest free loan.

The phone is locked to O2 but can be used on GiffGaff and Tesco Mobile and can be unlocked for a fee. The smartphone will be replaced by the Samsung Galaxy S3 which is set to launch on the 15th of March at an invite-only event in Amsterdam.

The Galaxy S2 is still a worthy handset; it comes with a dual core Samsung Exynos processor, 1GB RAM, 16GB onboard storage, a 4.3-inch 800 by 480 pixels Super AMOLED display, an eight megapixel rear camera with a 2-megapixel front facing one, a microSD card and Android 2.3 Gingerbread (with Ice Cream Sandwich coming).