The Trump Organization announced June 16 it was coming out with two offerings for consumers: a new cellular service and a new cellphone.

In addition, the new gold-colored "T1" smartphone is currently available for pre-order on the Trump Mobile website for $499, and is set to be released in September. In its press release on Monday, the Trump Organization said that it would be releasing the T1 Phone in August.

The Trump Organization is rolling out a mobile smartphone and phone plan. On Monday, the Trump Organization — owned by President Donald Trump and run by his sons, Eric Trump and Donald Trump Jr. — unveiled the Trump Mobile gold “T1” phone for $499 and “The 47 Plan” for $47.45 a month.