Canceling iPhone service early will cost $175
The Boston Globe is running an article on the termination fee users will be hit with if they try to opt out of the required 2 year contract for their iPhone.
Even though AT&T isn’t subsidizing the iPhone’s hefty price — $499 to $599, depending on the storage capacity a customer chooses — the company will charge a $175 termination fee for iPhone users who want to break their two-year contracts.
Nice. Standard gouging by a big telecomm company.
“There are certain fixed costs we incur in serving every customer who establishes service with us,” Siegel said. He refused to specify those costs.
Right!