Sprint to cut early termination fees

Sprint Nextel CEO Dan Hesse said the operator was going to be trimming early termination fees for its customers, joining the other three incumbent U.S. wireless carriers, which have already started to pro-rate termination fees.

Hesse said the carrier could start lowering the $200-or-more fee as early as December, and the new plan would reduce the fee gradually for each month the customer stayed with the service contract.

Earlier this spring, early termination fees came under closer scrutiny from the FCC, which had been discussing ways the carriers could work with customers to give them more flexibility in their contracts.

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