According to a report by the Wall Street Journal, AT&T will be raising its early termination fees (ETFs) to $325. The change will apply to smartphones and data cards, and will decline by $10 for each month completed in the one or two-year contract. Featurephones, on the other hand, will receive a slight drop to $150 (down from $175), and will decline by $4 for each month that the customer stays in their contract. The changes take effect on June 1st, and will only apply to contracts signed after that date. AT&T claims that the changes are a "fair approach," and says that the fee has "nothing to do with the iPhone or any other device."
So I throw it over to you, PhoneDog readers - what do you think of these ETF increases that are becoming commonplace in the industry? Necessary for business, or unfairly gouging customers? Hit the comments section and let me know!
Via PhoneScoop, WSJ