Sprint Loses Early Termination Fee Case In California

A California judge has issued a tentative ruling against Sprint regarding early termination fees. Although Sprint has two weeks to respond before the judge issues a final ruling, if the ruling stands then Sprint will have to pay $73 million in refunds to former customers. That Verizon settlement for $21 million earlier this month must be looking pretty sweet to Sprint’s investors right about now.

“Sprint Loses Early Termination Fee Case, May Pay $73 Million” [CNN Money]
(Photo: Maulleigh)