
There’s the good kind of follow-the-leader, and then there’s this. While the world cheered as all four major US wireless carriers implemented prorated early termination fees, we can all hang our heads accordingly for this one: AT&T has just followed Verizon Wireless’ march into the dark, evil corners of contractland by adjusting ETFs higher for netbooks and smartphones. In an email sent out to select customers, the carrier notes that beginning on June 1st (that’s less than a fortnight away), customers who select “advanced, higher-end device[s], including netbooks and smartphones, will have an ETF of $325, reduced by $10 for each month during the balance of the service agreement.” That’s up significantly over the $175 ETF that affects all of AT&T’s handsets today, though still $25 less than VZW’s plan. The silver lining — if you could call it that — comes with this point: customers “who are buying basic and quick messaging phones will have a lower ETF of $150, reduced by $4 for each month during the balance of the service agreement.” Naturally, existing contract customers won’t see any immediate change, but you can bet you’ll be nailed with the new terms once you head in this summer to pre-order that iPhone 4G. The full memo is posted after the break — so much for “rethinking possible,” huh?
Update: AT&T has published an “open letter” explaining the changes. Thanks, Daniel!
[Thanks, L.]
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AT&T follows Verizon, jacks up ETF on netbooks and smartphones originally appeared on Engadget on Fri, 21 May 2010 15:39:00 EDT. Please see our terms for use of feeds.
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