Prorated early termination fees (ETFs) have been industry standard for a little while now, but T-Mobile is just now getting around to it. Starting immediately, prorated ETFs are applicable to all customers and will make it easier on their wallets if they desire to cancel their T-Mobile service prematurely. Granted, ETFs are a little hard to understand on what the pricing is, so here’s a quick little chart that I mocked up.
The prorated ETFs come as a response to Congress getting ready to pressure carriers to implement prorated ETFs as well as ease the burden of cost. T-Mobile is the last of the Big Four to follow suit.