Sprint Increasing ETF Next Week, Retroactive on Nextel

Sprint appears to be saying Yes, We Can to rate increases. This hike will affect the early termination fee for both CDMA and iDEN customers. The ETF will be increased from $150 to $200, effective May 21st.

Sprint PCS customers who sign a contract before 5/21 will be grandfathered into the existing ETF of $150. However, Nextel customers will be automatically increased to $200. This segregation of customers appears to create a possible material change in the provisions of Nextel customers, and will likely create a controversial situation. Sprint may be required to release Nextel customers sans-ETF for the very reason of increasing the ETF.

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