Sprint To Start Discounting ETFs Monthly

Sprint is expected to soon start making the early termination fee (ETF) decline every month, possibly as early as November 2nd. Previously, whether you canceled service 1 day into or one day before the end of your service contract, you would get a $200 fee. That fee is supposed to reimburse the company for the cost of providing you a cellphone at reduced cost. The change is expected to be only good for new subscribers and is not retroactive, so, sorry Charlie if you were hoping to go get an iPhone.

Sprint to join rivals in cutting termination fees [AP]
Sprint pro-rated ETF finally gets a date [neowin] (Thanks to Brandon!) (Photo: bryanbope)