Sprint catches up with the rest, announces pro-rated ETF’s

Posted October 22, 2008 at 05:12 PM by Robert Nelson

Section: Communications, Cellular Providers, Mobile

Sprint will finally be joining the likes of AT&T, T-Mobile and Verizon with pro-rated early termination fees (EFTs).  The final details have still not yet been announced, but according to Chief Executive Dan Hesse, customers may be seeing the pro-rated fees as early as December.  Which means that customers who cancel their contract early will not always be stuck with that $200 fee, instead the ETF will be based on how much of the initial contract is still left.

At this point pro-rated early termination fees seem like a natural option to have, of course this news from Sprint comes with little surprise considering the other major carriers have already been doing this.  Stay subscribed, as Sprint releases more details on the new ETF’s we will be sure to let you know.

Read [Physorg]