AT&T today announced a new approach to early termination fees (ETFs) that provides some additional flexibility for wireless customers.
Beginning on May 25, the company’s new and renewing wireless customers who enter into one- or two-year service agreements will no longer be required to pay a single, flat early termination fee. Instead, that fee, which is $175, will be progressively lowered by $5 during each month, every month, for the term of the contract. (The single, flat ETF will continue to apply to new and renewing customers who enter into one- or two-year service agreements prior to May 25.)
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