AT&T Early Termination Fee Jumps to $325 for Smartphones

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Starting June 1, canceling your AT&T contract may cost you nearly double what id did before. That is, if you have a smartphone such as the iPhone. Verizon is known to have done the same late last year. However, the termination fees for contracts that involve phones with less features (Or as some call them, dumbphones) will lower from $175 down to $150.

Interestingly, this comes shortly before the expected announcement of the iPhone 4G, which will probably keep some under contract with their 3G and 3Gs. Though Mark Siegel, a spokesman for AT&T has told the Dallas Morning News that, "This move…is unrelated to any device announcement or future plans."

According to Siegel, the approach is "fair…if you spend less on a device, your early termination fee should be less. If you spend more, your early termination fee should be more." Maybe he figures if you bought a smartphone AND use AT&T you have more money to burn?

Keep in mind that rumors have been flying about the iPhone being released on other carriers such as Verizon. Despite a five-year exclusivity deal between Apple and AT&T. If this is the case, it may be an extra measure taken to prevent current customers from jumping ship if the popular smartphone becomes available across more carriers.

via Yahoo! News 

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