Wednesday, June 25, 2008

T-Mobile Now Has Prorated Early Termination Fees Too

A few weeks back, I posted about the news that AT&T introduced prorated early termination fees, and speculated in that post that other major carriers would probably be jumping on the bandwagon as not to be outdone by AT&T. Well it didn't take long, as T-Mobile is introducing their own prorated ETF plan. Rather than AT&T's method of reducing the cost each month, T-Mobile will drop its $200 fee to $100 during the last 3-6 months of a contract, during the last 3 months it drops to $50, and for customers with 30 days or less left on their contract, they will either pay $50 or the amount of the last month of service, whichever is less. As I mentioned before, the cellular industry is definitely listening to unhappy customers who feel they shouldn't have to pay a huge termination fee even if they've kept the service for over half the length of the contract. Now that two of the biggest cellular companies are on board with prorated ETF's, there's no way that this won't be a standard practice with any major carrier before long.

3 comments:

Anonymous said...

Don't you think it's about time? When will they send the rebates to those of us who have paid the EFT dozens of times in the past 3 decades?

Anonymous said...

This is good news. I got t-mobile. They are very good.

Anonymous said...

well , this is pretty decent thing to do .