Monday, May 24, 2010

USA - AT&T has increased early termination fees on smartphones raising the chances of regulation to reduce such fees

[ft] AT&T is raising the early termination fee that it charges buyers of the iPhone and other smartphones if they break their two-year contracts, risking additional scrutiny from US Federal regulators.

The move comes the day after the US Federal Communication Commission released its annual wireless competitiveness report and, for the first time since 2003, did not declare the industry competitive, fuelling speculation that the agency may impose additional restrictions on AT&T and Verizon Wireless, the two largest US mobile network operators.

AT&T ups early termination fee for smartphones

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