According to a new press release, AT&T Wireless has given details for the early termination fees which were covered by PhoneNews.com back in October of 2007.
Come May 25th, customers who enter a service agreement will have $5 deducted each month from the early termination fee of $175. Customers who enter a service agreement before May 25th will not qualify for the proration.
AT&T will still be offering a month-to-month option if a phone is bought from them at full price or if the customer brings in their own phone.
So it would take 35 months to tick this down to zero. Otherwise it is still $55 to buy out your contract in the last of your 24 months. I guess it is better that they are pro-rating but what happened to the 24 equal segments that add up to the total. Oh well.
Well they have to recover their money somehow
[…] comes after the announcement made in March that it would begin to prorate ETFs for customers after Verizon Wireless was the […]