As the days coming closer to the iPhone 5 launch, many big resellers around the globe has start providing promotional and low-cost deals for current and old gen iPhone model, in order to clean their inventory for the Apple’s upcoming next generation iPhone 5. Well this is not the first time, we hear the same thing also from the carriers that they are start throwing low cost plans for newly purchased iPhone and also offering new iPhone’s on low cost because to clear their inventory.

Earlier this month we heard that one of the well known Apple reseller Best Buy going to throw an offer of free iPhone 3GS with two-year plan contract on August 22, Best Buy also known for providing such deals in the past and now we are hearing that Canadian Carrier Telus is offering an iPhone 4 for just CAD $99, with a long term contract of three year. The Telus deal runs through September 7.