Quote:
Originally Posted by Tiberius85
I dont think customers realize that the early termination fees associated with long term contracts are high are to pay back the subsidies they received on their heavily discounted phone.
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Yep, that's why they have it. Carriers discount the phone when you first sign up. If you keep their service for 2 years, they recoup the price of the phone. If not, then that's when they hit ya for the price of the phone.
Of course a prorated ETF would be nice!