Nearly half a year after AT&T
followed the
crowd and announced that it too would be transitioning to a
prorated ETF, the details have finally emerged. Starting on May 25th (read: don't ink a new AT&T contract on May 24th), new and renewing subscribers who enter into one- or two-year service agreements will "no longer be required to pay a single, flat early termination fee." Rather, the $175 charge will be lowered each month that one stays in contract by $5, which doesn't exactly zero out after 12 / 24 months, but we reckon it's better than being forced to cough up the full $175 with two months left on your deal. Oh, and those eying a
month-to-month / prepaid plan will still find what they're looking for -- sort of a win-win, yeah?
Reader Comments (Page 1 of 1)
roach @ Apr 2nd 2008 8:26AM
A step in the right direction I guess..... I wish it would zero out, but oh well.
Can't imagine why you'd want to get out of you contract when you have the iPhone.
just kidding just kidding!!!! easy.
RoseGold @ Apr 2nd 2008 10:09AM
so if am a current att customer i'd have to renew my contract so i can be on a prorated basis dang shame.........
Booty @ Apr 2nd 2008 10:14AM
Sprint has been like this for months. $5 deducted for every month that passes.
Big John @ Apr 2nd 2008 10:20AM
Did Sprint flip the switch yet? I signed over in roughly October 2007. When would I start getting prorated? I haven't heard anything since they announced it in November 2007.
elgee02 @ Apr 2nd 2008 12:38PM
A full year and a half after VZW started doing this... way to finally catch up AT&T.
Brian @ Apr 2nd 2008 11:52PM
Really disappointing that this doesn't apply to existing customers! I was hoping when t-mobile offered this I could get out and buy an iPhone. Bummer!