AT&T updates its Early Termination Fees next month
by at April 2, 2008 10:16 am
Sections: Cellular Providers, Communications, Mobile
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It appears AT&T has heard the cries of consumers not wanting to be committed to a contract. Therefore, the company has announced that it is revamping their Early Termination Fee (ETF) policy beginning May 25th for new and renewing AT&T customers. Instead of paying the flat fee of $175 to drop out of their contract, the new policy will begin to prorate ETFs by $5 for each remaining month on the contract. So, if you’ve been eyeing that shiny new phone and have a few more months remaining, getting out of your current contract just got a whole lot sweeter.
The new policy change follows Verizon’s decision to being prorating their ETFs, which they began doing so back in 2006. Sprint and T-Mobile are said to follow suit.
Via [jkOnTheRun]
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