AT&T (T) Makes It Pricier to Escape Their Contract

Filed under: Consumer Experience, Competitive Strategy, Apple Inc (AAPL), AT and T (T), iPhone

I would bet my last dollar than someone out there has done the following: signed the necessary contract required to get that hot new smartphone with the thoughts that an escape clause will be easy to find. AT&T (T) is trying to make that escape clause much less attractive for fans of Apple's (AAPL) iPhone.

Starting June 1, AT&T customers carrying an iPhone will face a $325 termination fee if they break their two-year contract. That's a jump of roughly 85% from the current $175 fine. Ouch!

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AT&T (T) Makes It Pricier to Escape Their Contract originally appeared on BloggingStocks on Sat, 22 May 2010 13:40:00 EST. Please see our terms for use of feeds.

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