Germany | Tchibo underbidding competitors: data-flat for €20 + 500MB-pack for € 10

[inquisitor]

teltarif reports Tchibo, a MVNO on the O2 network with more than 1000 shops throughout Germany, will launch prepaid data tariffs from December.
For € 20 per month they will offer the cheapest data flatrate available in Germany, including HSDPA- and EDGE-usage. If traffic exceeds 10GB per month, bandwidth will be limited to 64 KBit/s.
Besides this flatrate they will also offer a data pack of 500 MB for € 10/month. That's more expensive than simyo, but with Tchibo you will get real mobile broadband instead of the modem-speeds on the eplus-network, which simyo uses. Excedding traffic will be billed with € 0,24/MB. No word on billing-increments yet.
Tchibo will also sell a UMTS-modem (presumably a netlocked Huawei E160) bundled with their SIM card.