AT&T's prorated ETF gets detailed
By Darren Murph 
posted Apr 2nd 2008 4:03AM
posted Apr 2nd 2008 4:03AM
Nearly half a year after AT&T followed the crowd and announced that it too would be transitioning to a prorated ETF, the details have finally emerged. Starting on May 25th (read: don't ink a new AT&T contract on May 24th), new and renewing subscribers who enter into one- or two-year service agreements will "no longer be required to pay a single, flat early termination fee." Rather, the $175 charge will be lowered each month that one stays in contract by $5, which doesn't exactly zero out after 12 / 24 months, but we reckon it's better than being forced to cough up the full $175 with two months left on your deal. Oh, and those eying a month-to-month / prepaid plan will still find what they're looking for -- sort of a win-win, yeah?
A step in the right direction I guess..... I wish it would zero out, but oh well.
Can't imagine why you'd want to get out of you contract when you have the iPhone.
just kidding just kidding!!!! easy.
so if am a current att customer i'd have to renew my contract so i can be on a prorated basis dang shame.........
Sprint has been like this for months. $5 deducted for every month that passes.
Did Sprint flip the switch yet? I signed over in roughly October 2007. When would I start getting prorated? I haven't heard anything since they announced it in November 2007.
A full year and a half after VZW started doing this... way to finally catch up AT&T.
Really disappointing that this doesn't apply to existing customers! I was hoping when t-mobile offered this I could get out and buy an iPhone. Bummer!