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Better article on the ETF situation...

nextel18

Oct 16, 2007, 2:45 PM
Better article I think on this issue. “Lower cost of canceling
Wireless customers in the U.S. are generally required to sign up for one- or two-year plans, with early-termination fees typically set at $175 to $200. When they want to alter monthly plans, customers are usually required to extend their current contract or enter a new one.
Under AT&T's new approach, the early-termination fee would be progressively reduced over the life of the plan. It would apply "early in 2008" to new and current customers who sign one- or two-year contracts.
Spokesman Mark Siegel said AT&T has not yet determined how much the fee would decline. The company will inform customers shortly before the change takes effect, he said.
Late last year, Veriz...
(continues)
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ralph_on_me

Oct 16, 2007, 3:12 PM
Um... at&t has always let you change your plan to another standard wireless plan without renewing the contract. You only had to renew it to get any free promos.
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nextel18

Oct 16, 2007, 3:15 PM
I figured that article would be better because the original article that Phone Scoop provided was not that good so I felt this one is better and would help get rid of the confusion people have. I actually do not care if they can change without extending the contract, but according to the article and other sources/accounts, they just added that clause in the contracts.
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ralph_on_me

Oct 16, 2007, 3:51 PM
The one PS quoted from was just as vague, so yours was much better because it at least posted a time table.

Prorated ETFs are much more fair IMO.
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nextel18

Oct 16, 2007, 3:58 PM
Yea no problem. I also posted this article in the news section. Usually I send them some news and press releases but I forgot to as I was busy when the news came out.

I actually do not think prorated ETFs are fair and that the ETFs should increase. (I talked about this extensively in the news section.)
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phatbasstard

Oct 16, 2007, 5:25 PM
cingular did all this and only went away from the prorated termination fee about 1.5 years ago, and if you come into a store it never changes your contract to change your plan.
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nextel18

Oct 16, 2007, 5:50 PM
Do you remember what happened when they first launched this?
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