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Whats The Real Difference Between Simple Mobile and T-Mobile?

I found this phone shop in my local community that goes by the name of
Phone Rush and they sell a ton of simple mobile plans, and a lot of other prepaid
plans for cheap. Actually alot of independent shops like this are popping up,
Most recently I saw a sign that says simple mobile is giving unlimited data
for $50.00 / month. But this sounds a little too good to be true. Before I switch from T-Mobile Contract
I wanted to know if any other person has simple mobile and is it as good as the real t-mobile?
They certaninly cant be giving unlimited for $50, and not be missing something. Right now Im paying $80 after taxes, so if unlimited can be so cheap why is t-mobile selling so high?
 
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