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Sprint raises early termination fees to $350

Sprint is going to be raising their early termination fees, from the existing cost of $200, to the hefty price tag of $350. The price hike will be effective on September 9th and will only apply to new subscribers or existing subscribers who upgrade to subsidized smartphones, tablets, netbooks, and notebooks. Existing contracts will not be affected.

This new policy change lends more credence to the rumors that Sprint may indeed be the next carrier in line to sell an Apple iPhone when the 5 is released. We saw Verizon Wireless make this change prior to selling the iPhone 4 and many other high end smartphones. They are likely making this move in an effort to maintain all new customers who may jump ship in the event that an AT&T/T-Mobile merger were to go through. However, this move does seem contradictory from a carrier that fights so passionately against a merger between 2 competitor carriers claiming such a move would hurt competition and raise prices.

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Learn more the author of this post:

Solomon Massele
Solomon is our Senior Managing Editor here at TekGoblin and he is also a columnist for Best Buy Mobile Magazine. He has been a technology enthusiast for years and currently contributes to companies such as TekGoblin, Best Buy Mobile Magazine, and others in the past such as SPJ Reviews. You can keep up with his updates on Twitter at @iceman7679 and his visual tech related reviews on YouTube at www.youtube.com/iceman7679. He loves everything tech, and talking about it!
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