Looks like AT&T is making some changes to their ETF Policy as of June 1st, 2010, including raising iPhone (and all smartphone) early termination fees from $175 to $325. After that, every month you keep service with AT&T, the ETF will continue to drop $10 each month.
For basic phones and messaging phones, the ETF will drop a bit, from $175 to $150. After that, every month you keep service with AT&T, the ETF will continue to drop $4 each month.
That's great for regular phone users, but it's quite the opposite for our readers. When asked if this had anything to do with iPhone exclusivity, AT&T spokesman Mark Siegel had this to say,
"..The idea is, and we think that it's fair approach, that if you spend less on a device, your early termination fee should be less," he said. "If you spend more, your early termination fee should be more. ... This move, what we did today, is unrelated to any device announcement or future plans..."
Hmmm, sounds kind of sketchy to me. There's been rumors flying around about the iPhone's exclusivity running out for a while now. With the iPhone HD/4th Gen probably right around the corner, if the Verizon iPhone in the Fall rumors hold any truth at all, it would make it pretty expensive to abandon AT&T. Or could it have something to do with stopping all the unlockers and iPhones that flood eBay after release for people looking to make a profit? Or hey, maybe AT&T's telling the truth, and it really doesn't have anything to do with the iPhone.
What are your thoughts?