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AT&T raises smartphone early termination fee to $325

ATT LogoA couple of days ago, AT&T announced that they are upping the contract termination fee for smartphones from $175 to $325. The is quite a jump. The change takes affect on June 1. Of course the public is questioning the timing as rumors continue to fly surrounding the next version of the iPhone being released on Verizon since AT&T's exclusivity contract with Apple is soon ending. And AT&T spokesperson claimed in a statement that the change has nothing to do with such rumors, and is actually to keep in line with the competition. Verizon implemented a similar tiered scheme for their termination plan late last year.  The fee will drop a little each month the the contract is active.  But even in the 23rd month, the fee will be $95 to cancel. Some think this is a bit unfair.

We will have to see how this plays out in the scheme of the recent phone wars.

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