Finally! Earlier this week, Sprint CEO Dan Hesse revealed that his company is working on implementing prorated early termination fees. This is big news for the nation’s No. 3 wireless carrier, as they are the lone members of the Big Four to not offer a break for canceling late in a contract. The immediate issue at hand, of course, is of Sprint’s billing system. There need to be upgrades before such a plan can be implemented. So, in the interim, it would be advisable to not sign a Sprint contract between now and then. Otherwise, you’ll be stuck with the full ETF for the length of your contract.
If you’ll remember back to earlier this year, the government was working on a national early termination fee plan. We haven’t heard much about it in recent months, probably because there’s all sorts of political turmoil due to the election season. Also, the FCC is fighting other battles, including the AWS-3 auction, which they want to reserve for free wireless broadband.
So welcome aboard, Sprint. Hopefully, your ETF plan is more Verizon than it is T-Mobile.
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