Nexus One early termination fee lowered to $150

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Nexus One early termination fee lowered to $150
The Nexus One’s wrath upon would be T-Mobile deserters will now be less imposing as it was initially – it won’t break the bank if you plan on jumping ship off your contract. Previously owners would have to dish out a hefty price of $350 if customers cancel or downgrade their T-Mobile contract within the first 120 days of owning the handset; this does not include any changes to the carrier’s own ETF policy – which is $200. Starting today, Google lowered the Nexus One’s ETF from $350 to $150; so basically you end up paying for a full priced Nexus One – so why not just buy it outright from the start? This new change comes after an FCC inquiry into the out-of-control termination fees associated with the smartphone. Although Google may not enjoy knowing that people can sell phones purchased under a contract and make a profit, they claim to not make any money off of equipment recovery. Some may consider the difference in dropping their service a small victory; they still end up paying $150 for having second thoughts about the contract or phone.

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source: Wall Street Journal via Gizmodo

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