According to a new press release, AT&T Wireless has given details for the early termination fees which were covered by PhoneNews.com back in October of 2007.
Come May 25th, customers who enter a service agreement will have $5 deducted each month from the early termination fee of $175. Customers who enter a service agreement before May 25th will not qualify for the proration.
AT&T will still be offering a month-to-month option if a phone is bought from them at full price or if the customer brings in their own phone.
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So it would take 35 months to tick this down to zero. Otherwise it is still $55 to buy out your contract in the last of your 24 months. I guess it is better that they are pro-rating but what happened to the 24 equal segments that add up to the total. Oh well.
Well they have to recover their money somehow
[...] comes after the announcement made in March that it would begin to prorate ETFs for customers after Verizon Wireless was the [...]