Electronic Arts announced today that Star Wars: The Old Republic will be going freeplay:

"Today we are excited to announce that the global launch date of the Star Wars: The Old Republic Free-to-Play option will be November 15, 2012. This release will be simultaneous across all of the territories and countries where The Old Republic is available. The new Free-to-Play option allows gamers to experience all of the class storylines through to Level 50, the current level cap, at no charge and introduces the new Cartel Market!

Any paying subscribers at the launch of the Free-to-Play option on November 15th will be granted all of the Complimentary Cartel Coins currently listed on the Cartel Coin Ledger page, plus a one-time grant of 250 Complimentary Cartel Coins!"