Cell phone operators TIM and Claro will simultaneously launch the new models of the iPhone in Recife, between the 21st and 22nd of this month. The launches will occur in their respective stores in the Shopping Center Recife. TIM says the cheaper model (iPhone 5C, 16gb) will cost R$1,999. The iPhone 5S will cost R$2,799. As for Claro, they haven’t released suggested prices for the products.
TIM, however, will be selling them unlocked and without a contract. – Source (PT)
Keep in mind, the cheaper iPhone in the US, under contract and with the same specs, is around R$200, while the more expensive one is R$400.