AT&T Mobility Dumps Flat Early Termination Fees
Better article on this issue.
Wireless customers in the U.S. are generally required to sign up for one- or two-year plans, with early-termination fees typically set at $175 to $200. When they want to alter monthly plans, customers are usually required to extend their current contract or enter a new one.
Under AT&T's new approach, the early-termination fee would be progressively reduced over the life of the plan. It would apply "early in 2008" to new and current customers who sign one- or two-year contracts.
Spokesman Mark Siegel said AT&T has not yet determined how much the fee would decline. The company will inform customers shortly before the change takes effect, he said.
Late last year, Veriz...
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