ContractRenewal
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AT&T doubling its upgrade fee to $36 on February 12th (update: confirmed)
What do you do after reporting "blow-out" earnings and instituting larger, pricier, data plans? If you're AT&T, why not go for the jugular by doubling upgrade fees? Per the above leaked memo, that's exactly what Ma Bell plans to do come February 12th, upping the existing $18 fee to a new high of $36. That might sound familiar, as it's much in the same vein as cross-town rival Sprint, who went through the same kerfuffle back in September. We've pinged AT&T about the price hike and will update when we hear back.Update: AT&T sent us the following statement confirming the increase: Wireless devices today are more sophisticated than ever before. And because of that, the costs associated with upgrading to a new device have increased and is reflected in our new upgrade fee. This fee isn't unique to AT&T and this is the first time we're changing it in nearly 10 years.[Thanks, Anonymous]
Sprint to double Upgrade Fee to $36 starting September 9th?
It's time to either find your favorite teddy bear or pinch a few hundred pennies. In today's second bout of unfortunate news coming from Overland Park, SprintFeed is reporting that we should brace ourselves for yet another hike in one-time charges on September 9th. This time, it's the oh-so-beloved Upgrade Fee that's the victim of inflation, getting beefed up to $36 for any existing customer who desires a new phone; if you're hoping to renew contracts on multiple lines, Sprint is graciously willing to cap the fees at a maximum of $150. There's speculation that these bumps may have something to do with the latest rumor coming out of Cupertino, but it may also simply be a routine policy change. Regardless of the motive, it means anyone holding out for the next best thing should start looking under every couch cushion they sit on, in hopes of scrounging up a few extra bucks.
Poll: Would you recommend a contract-free iPhone
The iPhone 4 debuts on the 24th of June. I am one of the many users whose upgrade date falls after 1/1/11. Looking at the difference between no-commitment pricing and upgrade-date-after pricing, I've been considering the no-commitment option and coming up without many answers. The math is not particularly compelling. AT&T's new smartphone early termination fee (ETF) is now running at $325, reducing at $10 per month. If I re-up with AT&T, the math becomes a wash after just over 12 months of use. The ETF goes down to $200, the actual price difference between the after-1/1/11 versus the no-commitment. Either way, I'm still under contract for the next 12 months regardless, unless I pay my current $120 ETF -- and I don't particularly want to give up my $30 unlimited data.
