AT&T's Prorated ETFs Go Into Effect Today
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Comments 11
May 28, 2008, 6:35 PM by Eric M. Zeman
updated May 28, 2008, 6:37 PM
Updated: typo
Beginning today, new customers who sign contracts with AT&T will have prorated early termination fees that start at $175 and drop by $5 each month that the contract remains in place.
That's not "Prorated"
Simply reducing the etf by $5/month is not prorated unless they have 3 year contracts. Taking the $175 ETF and having it reduced by $5 per month will take 35 months for the price to be reduced to zero. Perhaps someone should gather some lawyers and go knocking... Keep in mind, if ATT has 3 year contracts, please disregard this post. Thanks 🙂
My thoughts exactly. AT&T contract is for 2 years, so they are now not letting you out of your contract for 35 months. Better yet, AT&T is hoping that when the contract does end, at 2 years, you'll renew instead of paying the remaining $55 of the te...
(continues)
Well does it really make sense to charge someone $5 to break contract when they have only 1 month left?
besides "prorating" something doesn't mean it has to go to zero. "To make an arrangement on a basis of proportional distribution."
a&at's Declining ETF's don't go into effect....
Declining ETF's don't go in to effect until May 25th and it's only applicable to customer who sign up or renew the contracts after said date. Any previous customers with existing contracts still have the flat rate ETF.
well it's may 29th...looks like they are in effect