AT&T to Raise Fees for Contract Breakers
MercuryNews reports that AT&T will be changing up the way it prices contract-breaking fees, making smartphone purchasers pay more to break their contracts beginning June 1.The fee is currently $175 for breaking a smartphone contract, but that will be going up to $325. The regular phone price, however, is being decreased by $25 to just $150 to break a contract.Of course, this is a decreasing rate. For smartphones, the rate will decrease $10 for every month the customer stays in their contract, and $4 per month for regular phones.This news comes on the heels of the report that AT&T's CEO isn't worried about losing iPhone users to another carrier when and if the Apple-AT&T exclusivity agreement ends.
http://www.maclife.com/article/news/att_raise_fees_contract_breakers
