It seems Sprint has followed the lead of other American carriers such as AT&T and Verizon, with plans to raise their Early Termination Fee (ETF) to $350 on Smartphones, Tablets and other “Advanced Hardware”. Dealers have been told that as of September 9th, the rates will be in effect, and the timing seems all but a little suspicious with the release of the Iphone 5 coming close as well. It is also noted that the ETF price increase will be only affecting new customers and contracts after September 9th.
In the past the carriers have had to justify why they have increased their ETF, a common one is to support loss after compensating the price of a new phone on contract if the customer is lost. It will be interesting to see what Sprint has to say on this.