toggle

AAPL Stock: 107.96 ( -4.8 )

Printed from http://www.macnn.com

T-Mobile's prorated early cancel fees go live

updated 03:45 pm EDT, Mon June 23, 2008

T-Mobile Prorating ETFs

T-Mobile on Monday revealed the full details of its prorated early termination fees (ETFs) for its cellphone service that give customers a break on their decisions to opt out in mid-contract. While the normal $200 feel still applies to subscribers exiting within the first 18 months of the plan, the carrier halves the fee to $100 for those with between three and six months left in their service. Those with three months or left pay $50; for those with less than one month left, the rate can drop below $50 if the customer's monthly rate is less.

This latest move to prorate fees is more expensive than similar efforts from AT&T for most of the contract but is potentially less expensive towards the end of service. Most carriers with prorated ETFs typically discount service by each month.

Moves to discount the cancelation fees are believed to be a response to Congressional pressure that would regulate prorated fees and ease the costs of cutting a contract short.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented