Samsung Galaxy Y for £5 per month: Is that the cheapest smartphone contract in the UK?

You can get the Samsung Galaxy Y smartphone for as little as £5 per month on a two year contract. That’s a total cost of ownership of £120. Not bad for a phone that still costs a rather substantial £74.99 at Prepaymania (and £90 at Argos).

Note that you need to be a Talktalk user in order to benefit from this package, one which was launched last year.

The package includes 100 minutes, 250 texts and 200MB data with other features including unlimited family calls, free text alerts, voicemail service and calls to customer care.

The S5360, as it is known, has a 3in touchscreen display with a QVGA resolution, 290MB of RAM, 180MB onboard storage, a microSD card slot, a single-core ARM-based SoC clocked at 830MHz (similar to the one found on the first Apple iPhone 3GS), an FM radio, Wi-Fi, Bluetooth 3.0, GPS,a 2-megapixel rear camera and a microUSB port.

It runs on Android 2.3.5 Gingerbread with a TouchWiz user interface overlay and a 1,200mAh battery. Samsung says that the smartphone has a battery life of up to 380 minutes on 3G and weighs just under 100g.