Sprint Defies Verizon, Will Not Raise ETF
Yesterday it was reported that Verizon will likely be doubling its Early Termination Fee on “advanced devices” (read: Droid and other smartphones) to prevent possible online phone-flipping.
I was worried that this would have a negative ripple effect on the rest of U.S. telecom, causing every other wireless provider to follow suit. So far, 1 out of the other 3 major carriers has stepped up to the plate and rejected that notion.
That particular carrier is Sprint. Today it officially announced that there will be no change to its ETF policy in regards to this measure.
Sprint’s current ETF is set at $200 with it eventually decreasing to $50 when you are far enough through your contract.