Hey, what do you know! A mere month before it is expected that Sprint will finally get an iPhone for its network to call its own, the nation’s fourth largest carrier is beefing up their early termination fees, thus guaranteeing that they will be able to milk the maximum amount of money possible from impatient switchers!
According to the leaked internal document, Spring will raise their early termination fee, or ETF, to $350 on September 9th.
While that’s the same as AT&T and Verizon charge, it does represent a $150 jump from their previous ETF fee of $200.
Cynically, it looks to us like Sprint expects a lot of customers to suddenly want to upgrade their phones, don’t you think?
John Brownlee is a writer for Fast Company, and a contributing writer here at CoM. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.
