Sprint Finally Adopts Prorated ETFs
Oct 21, 2008, 3:53 PM by Eric M. Zeman
Today Sprint CEO Dan Hesse said in an interview that the company will begin to adopt a prorated early termination fee system, possibly as early as December. The company needs to deploy new billing software first. Once is has the new software in place, it will deduct a small amount of money from the $200 ETF for each month that a subscriber stays with the plan.
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Comments
Just imagine
how large the quarterly losses will be as it becomes cheaper for customers to leave.
You can say I'm a dreamer...But I'm not the only one...I hope some day you'll join us...and the world will be as one. 🙂
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I actually think this will be a positive for Sprint not a negative. It will give people a chance to try out the Simply Everything plan--- unlimited talk, direct connect, group connect, text msgs, picture msgs, video msgs, email, web access, gps naviga...
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Actually, that was Sprint saying that we would no longer extend contracts for rate plan changes last November (11-2007). I can confidently say that as a Sprint Nextel customer service rep. 🙂
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I am a huge Sprint fan but...
when you sign a contract, it seems that only the consumer has to hold to the deal. The carriers can raise monthly bills or eliminate things at will. So I feel this gives the customers a little more of a choice to get their bones of contention to any of the carriers allowing us subscribers to bail if not treated properly.
The reason you have a contract on rate plans is so that the company does not change your rates. if you read into the t&c of any contract it says if the change adversely affects you you can cancel your contract without paying the fee. see (text messagi...
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Will this apply to existing contracts or only new ones from December?
Just wondering what about the folks already with Sprint.
i believe this will apply to every customer new and old
It will have to also apply to existing customers or Sprint would be getting sued again.
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Most likely it will only take effect once you sign a new agreement, because your old T and C's say that the etf is a flat 200.00. Changing that would open Sprint up to a lawsuit, as you cannot just change someone's T and C's even if it is for the bet...
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