T-Mobile Ad Confirms Early Termination Fee Payouts to Lure New Customers
January 8, 2014 10:10 AM
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Sources tip T-mobile will pay up to $350 for a family
We have been hearing for a while that T-Mobile would be launching a new program that would pay the early termination fees for people to leave their current provider and come to T-Mobile. The official details of that plan haven't been announced just yet. However, an ad has turned up online that confirms T-Mobile plans.
According to the ad, which was discovered by
T-Mobile will pay termination fees for families when they trade in their devices. Sources report that T-Mobile will pay up to $350 for a family allowing the transfer of up to five lines.
The sources noted that to get the $350 in coverage for termination fees, the users will have to bring over at least three lines. The payout is good for people that transfer in from AT&T, Sprint, or Verizon.
To get the deal from T-Mobile, the users will have to sign a new contract and buy new smartphones. The official announcement of this deal is expected to come today during the T-Mobile conference kicking off today at 12:30 PST.
AT&T is offering $450 for customers
to transfer lines over from T-Mobile. Interestingly, T-Mobile's CEO
bashed AT&T for making such a "desperate" move
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RE: for how long...
1/8/2014 12:40:30 PM
That only works when you are on contract. T-Mobile isn't doing contracts. They do allow you to pay your phone off over a year, with half upfront, I think. But they don't really lock you in. If you want out just finish paying off your phone. Or just buy it upfront. It is their "Un-carrier" campaign.
RE: for how long...
1/8/2014 1:43:46 PM
Yeah plus if people factor in the Jump program from T-Mobile you're really just leasing the phone. I got a Note 3 for $0 down. I pay $24 a month for the monthly fee for the phone, I pay $11 a month for the Jump program and in a few months when the Galaxy S5 comes out I'll trade in my Note 3 and T-Mobile wipes the slate clean and starts you over with payments on the new phone. Great for me so say it takes 7 months for The Galaxy S5 to come out I only paid $245 to use the Note 3 for that time. Which is by far cheaper and a quicker change over than any other carrier is offering. I root it,Overclock, and put custom ROM's on the Note 3. T-Mobile still has to take it because even if the phone is smashed as long as you give them a physical device back your free of the obligations to finish paying for the previous phone under the Jump program. No carrier beats that.
RE: for how long...
1/8/2014 5:00:55 PM
Absolutely... I would switch in a second if I weren't on a company paid plan. Free is still better, and no ridiculous Verizon bootloader lock issues.
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