WirelessWave, the Canadian mobile phone retailer, has slashed the price of the Palm Pre to $0.00, making the smartphone accessible for free.

However, you will have to sign up for a three-year agreement with Bell Mobility to get a hold on free Palm Pre.

The Palm Pre, which is equipped with touchscreen and a full QWERTY keyboard, costs $99.95 if bought directly from Bell Mobility.

Originally, Palm Pre was made available with a price tag of $199.99 with a three-year contract.

WirelessWave’s recent move reflects the cut-throat competition in the market.