AT&T jacks their ETF, claims its unrelated to the next iPhone

AT&T spider.If you’re thinking about terminating your relationship with AT&T, do it fast. Come June 1, AT&T is raising its early termination fee from $175 to $325. According to the company, this has nothing to do with the impending release of the next iPhone.

Right, guys. Right. That big influx of customers you’re sure to get, not to mention all of us idiots who will re-sub to get the next iPhone, we have no bearing on the decision to nearly double your ETF fees. If anything, consider this your warning if you haven’t made the switch yet. I love my iPhone – believe me, I do – but I loathe AT&T. If you think you might hate it enough to call it quits before your two years is up, be ready to part with $325.

Oh, and in case you weren’t completely convinced this is about the iPhone, AT&T said it will be lowering the ETF for feature phones, down to $150 from $175. So just those new iPhone subs get screwed? Got it.

Source: WSJ