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AT&T to sell Galaxy S5 for $199 on contract, with pre-orders starting Friday

Angel Navarette | Bloomberg via Getty Images

AT&T said it will start taking pre-orders on Friday for Samsung's Galaxy S5, with the phone selling for $199 with a new two-year contract, or $649 unsubsidized.

The first phones will ship in early April, AT&T said.

(Read more: A new Samsung phone this month?)

Re/code has the whole story.

By Ina Fried, Re/code.net.

CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

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Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.