iPad 3 (16GB, 4G + WiFi) for 1€ with ~20€ per month contract (3 GB Internet flat-rate)

• iPad 3 (16GB, 4G + WiFi) for 1€ with ~20€ per month contract (3 GB Internet flat-rate)
• Tarif: Internet Flat 3000
• Price per month: ~20€
• Contract duration: 24 months (typo corrected, see user comments here)
• Highlights: 3 GB Data Flat-rate per month, Speed up to 7.2 Mbps, Vodafone Network
• No connection fee (by sending an SMS with Text "AG Online" to 22240 within 14 days of receiving the SIM card
• One time payment for iPad: 1€
• Effective price calculation: 24 months * ~20€ per month + 1€ (one time payment for iPad) = ~481€
• Next Best Price of iPad 3 without contract is 499€. With contract you get 18€ cheaper and 3GB Internet flat-rate every month
• Contract will be automatically extend if you do not cancel it on time (Send the cancellation at least 3 months before the end of the contract)
• Note: Offer is from the Sales platform by mobilcom-debitel GmbH

Here is the deal

Note: You can use website like aboalarm.de, inside-handy.de to generate cancellation letter if you do not want to auto-extend the contract after 24 months. Or here is an example cancellation template,

"Sehr geehrte Damen und Herren,
Kündigung des Mobilfunkvertrages <your mobile number>
Kundennummer: <your customer number from the contract>

hiermit kündige ich als Vertragsinhaber den bei Ihnen bestehenden vertrag mit der Mobilfunkrufnummer <your mobile number> fristgerecht zum nächstmöglichen Termin.
Mobilfunknummer: ______________________
Name und Anschrift : ______________________
Bitte senden Sie mir eine schriftliche Bestätigung dieser Kündigung unter Angabe des Beendigungszeitpunktes zu
Danke,"