Sprint raises early termination fee to $350

Sprint has decided to give its users a rather unwelcome change in one of its contract policies. This week the nation's third largest wireless carrier confirmed to media outlets, including PhoneScoop, that it will be raising its early termination fee from $200 to a whopping $350. The change takes place on September 9. The new and higher fee will apply to Sprint's smartphone users as well as subscribers that use tablets, netbooks and notebooks that connect to Sprint's wireless network. Sprint said that the $350 fee will be pro-rated for users based on the number of months that remain in their contracts. That means the longer you stick with your Sprint contract, the smaller the early termination fee will be if you have to break it early.

The change puts Sprint in the same level as its two biggest rivals, Verizon Wireless and AT&T. Both of those companies also have a $350 early termination fee. Some have already speculated that the reason for Sprint's decision is that it will soon be selling the iPhone 5, just like Verizon and AT&T. While neither Sprint nor Apple has officially confirmed this news, Sprint is expected to begin selling Apple's iPhone when the company launches the product sometime later this fall. Hopefully Sprint won't also change one of its major advantages over its main rivals; its unlimited data plan. Some media outlets have speculated that Sprint might cave in and do away with this feature just as AT&T, and more recently Verizon, have done.

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Hi - I would just like to clarify that the change in the ETF for advanced devices is effective Sept. 9, and only for new customers or customers who upgrade to a smartphone, tablet, notebook or netbook on or after that date.

Thanks,

Roni Singleton
Sprint PR

Oh boy...the same type of complainers talking about carrier cost.

Yes they are likely doing this because of the iPhone...and likely tablets too. Look at it this way. The ratil cost of iPhone is $650 and $750...right? No if you sign a 2 year deal, teh carriers charges you 199.99 or 299.99 for the device. They subsidize the rest of the cost. if you sign and then leave with their phone, they still paid for it. What is the issue with them making you pay for breaking your contract for a phone they are letting you keep, which you can then sell for more than what you paid?

What they should so is, if you want to break the contract you pay a fee to terminate and you give us our phone back because you didn't finishing paying for it. They cover their cost for subsidizing your phone for you being required to pay for a data plan.

Its like a bank where you open a CD or Money Market account. Those accounts are based on the fact you agrer to have a certain amount of money in the account to get the reqrd at the end. Banks take that money and use it to make more money by providing loans and paying bills. if you want out or want some money early, they charge you a fee because now they have to take that money you guaranteed them over time and get it somewhere else.

People keep complaining about contracts, yet keep signing them. The contarct cost wont apply to you is you just pay cash for your frikkin phone. They are helping you out by selling tou a top tier device for less than half its cost. and you want to complain like little kids because they are charging you money for breaking an agreement?

Suppose you rented an apartment.Your tenant signs a lease for 5 years to get a lower rent. if he wants to break his lease, you are saying that as the owner I can come after you to pay for the term of that full lease, when legally I can.

You all sound so crazy to complin that a carrier wnats to charge you $350 to quit their service after they bought a phone for you that cost $800. At least the cost goes down for each month u stay on.

Here is some advice. Don't sign a deal, pay cash and STFU.

glad i left sprint when i did. their network is a cluttered mess, they even waived $500 in eft's for me. this new charge means you guys have the opportunity to get out for free right now. this is just the beginning, wait until they terminate unlimited data.

smooth3006 said,
glad i left sprint when i did. their network is a cluttered mess, they even waived $500 in eft's for me. this new charge means you guys have the opportunity to get out for free right now. this is just the beginning, wait until they terminate unlimited data.
So you left Sprint to go to another carrier that also charges an ETF and has data plans you have to get. Unless you have a prepay you make no sense....hush while us adults who haven sense talk.

TechieXP said,
So you left Sprint to go to another carrier that also charges an ETF and has data plans you have to get. Unless you have a prepay you make no sense....hush while us adults who haven sense talk.

i left because sprints network sucks. can't deal with that?

One thing people don't realize is a change in your TOS allows you to terminate your contract. Contact Sprint within 30 days of the change and inform them you do not accept the change in your TOS. You will be allowed to terminate without penalty.

Randu said,
One thing people don't realize is a change in your TOS allows you to terminate your contract. Contact Sprint within 30 days of the change and inform them you do not accept the change in your TOS. You will be allowed to terminate without penalty.
Nice point. Would be sweet justice if tens of thousands of people chose to do this

It was obnoxious at $150. $350 for taking my business elsewhere? I'll just to elsewhere in the first place. (Yes, even if it's not another mobile company...)

DoJ needs to investigate all carriers again IMO.

GreyWolf said,
It was obnoxious at $150. $350 for taking my business elsewhere? I'll just to elsewhere in the first place. (Yes, even if it's not another mobile company...)

DoJ needs to investigate all carriers again IMO.

take your business else where. i hope you like paying the $350 ETF to do that.

never understood how it is legal for companies like this to make changes to your contract with no way to fight it. if i sign a contract that says $200, then it should remain $200 until the day the contract is up. the whole "right to change the terms" is bs and amounts to an open ended contract that companies have full control over to abuse customers with

I'm betting most don't read your initial contract. I also bet it states in there that Sprint reserves the right to modify the terms of the contract.

So, why does everyone agree to it and sign away then complain?

You have a valid point though. On business-to-business contracts, both parties have say in the wording of the contract. Consumes have zero input. It is either accept it or do without.

Rohdekill said,
I'm betting most don't read your initial contract. I also bet it states in there that Sprint reserves the right to modify the terms of the contract.

So, why does everyone agree to it and sign away then complain?

You have a valid point though. On business-to-business contracts, both parties have say in the wording of the contract. Consumes have zero input. It is either accept it or do without.

I know its there but I also know that it is in every carriers contract so it makes no difference in the end. I think it should be illegal to have that clause in any contract where there are no other options.

Rohdekill said,

So, why does everyone agree to it and sign away then complain?

In an ethical business world, which doesn't really exist anyway, a business will always listen to and in some way respond to the customer. That is great and all but consider that you are not a customer until you sign the contract. That means they won't listen unless you sign the contract and you can't complain because you signed the contract.

Rohdekill said,
I'm betting most don't read your initial contract. I also bet it states in there that Sprint reserves the right to modify the terms of the contract.

So, why does everyone agree to it and sign away then complain?

You have a valid point though. On business-to-business contracts, both parties have say in the wording of the contract. Consumes have zero input. It is either accept it or do without.

the point is that sort of thing should be illegal. it's not like you really have a choice. all companies include that clause in their contracts to screw over their customers. You have no room to negotiate a contract. It's the sort of thing that business to business contract would never have.

Rohdekill said,
I'm betting most don't read your initial contract. I also bet it states in there that Sprint reserves the right to modify the terms of the contract.

So, why does everyone agree to it and sign away then complain?

You have a valid point though. On business-to-business contracts, both parties have say in the wording of the contract. Consumes have zero input. It is either accept it or do without.

Saying in a contract that you can change the contract doesn't make it magically legal to do so.

Would be interesting one day to see someone challenge this in court.

From what i understand of laws technically a contract can't change unless the 2 parties agree to re-open it.