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AT&T Kickstarts Their New Prorated Early Termination Fee
AT&T’s new prorated Early Termination Fee (ETF) policy went into effect recently. This new policy is only applicable to contracts signed on or after May 25th, for new or returning customers. Contracts that were signed before May 25th are still held to the previous policy.
Based on AT&T’s new policy, the cost of canceling the contract early is $175, but will be reduced by $5 for each month that the subscriber remains on contract. This means that under the new policy, if users are 6 months into the new contract and wish to cancel, the ETF would be $175 less $5 for each of the 6 months, resulting in a fee of $145.