ETF for Nexus One May Reach $550
Jan 6, 2010, 11:22 AM by Eric M. Zeman
According to Google's terms of sale for the Nexus One, both Google and T-Mobile will charge customers an early termination fee for breaking their contract. Google said customers who buy the Nexus One for the T-Mobile contract price of $179 will be charged $350 if they cancel service within 120 days. That $350 goes to Google. T-Mobile will also apply an ETF of $200 to any customer who breaks their contract with more than 180 days remaining on that contract. The total ETF can hit $550, which is more than the unlocked version of the Nexus One costs ($529). Those who buy the unlocked version at full price won't have to worry about these ETFs.
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