Posted By RichC on August 31, 2011
Sprint today confirmed to Phone Scoop via email that the company plans to change its early termination fee. A Sprint spokesperson explained, “Beginning September 9, Sprint is introducing a new pro-rated policy for ETFs for customers purchasing advanced devices such as smartphones, tablets, notebooks and netbooks. Customers with these advanced devices will be subject to a $350 ETF, which will be pro-rated based on the number of months remaining, should they decide to cancel service before the end of their service agreement.” Prior to this change, Sprint charged $200 ETFs for those breaking contracts early. AT&T and Verizon Wireless have similar $350 pro-rated ETFs.