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Monday, March 31, 2008

AT&T reduces penalty for ending cell contract early

AT&T is doing its best to become more user-friendly.

So today it announced a new policy for early contract termination.

Most of us buy a new mobile phone at a discount by extending our service contract by two years. If we break that contract with AT&T, it will cost us $175.

Beginning May 25, the fee will drop by $5 a month for the term of the contract. It’s not much, but it’s something.

Too bad it doesn’t count for contracts made or renewed before May 25.

AT&T might be trying to pre-empt the Cell Phone Empowerment Act, a bill that mandates prorated early termination fees, Arstechnica.com points out.

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