A T-Mobile fee rumor has been circulating among T-Mobile phone users this week, and it appears to concern plans for a new early termination fee policy. As part of the Uncarrier 4.0 program and given the code name “Houdini,” specifics surrounding the phone carrier’s preparations are expected to be announced as early as Jan. 9 during the Consumer Electronics Show. Talks suggest the change might have to do with the company paying for some users ETF costs, though this remains unconfirmed. NewsOxy shares what inside information has been given so far on these speculations this Sunday afternoon, Dec. 22, 2013.
The T-Mobile fee rumor was first sent via formal invitations this Friday to local media members, though the descriptions did not clearly describe just what this fee would entail. However, the upcoming press conference is believed to detail for users how this policy will affect T-mobile carriers, and what truth exists within the unfounded allegations. It appears that the “Houdini” code name (via Uncarrier 4.0) will contain an Early Termination Fee (ETF) promotion where the already popular wireless carrier will be willing to pay off users’ ETF with one’s current carrier — provided, of course, that user elects to switch on over to T-Mobile service.
Here’s what some leaks on the matter have revealed to the public at this point of time before the conference date:
“Customers will be eligible for up to $350 in total credit when switching. They will earn instant credit by trading in their existing handset and will be credited the ETF fee when they submit the final bill to T-Mobile. As such, new customers must trade in their old device and purchase a new phone through T-Mobile to qualify.
The concentration here is ultimately on families switching up to five lines regardless of contract end dates although I see no indication where it wouldn’t also work for individual lines. According to documentation seen by the publication, the program will launch on January 15.”
Now while there have been numerous other carriers that have offered such promotions, so far other carriers have not been willing to provide such an offer on a more permanent scale like this. It was the CEO of the company who took to Twitter earlier this week, hinting at the “Houdini” Uncarrier 4.0 program and T-mobile fee rumor. He said that the event will essentially “eliminate another customer’s pain point.” Ridding the early termination fees that usually connect previous subscribers to their carriers would no doubt be effective in having more phone customers be willing to switch on over to T-Mobile.