Thinking about getting an iPhone, unlocking it, then jetting across the street to T-Mobile? Better think twice before doing that friend, ’cause AT&T is out to nail you with a hefty fine for backing out of your agreement with them. Despite the iPhone not being a subsidized item for AT&T, the company still will charge you $175 for terminating your contract early. Sucky, I know.
Like I’ve said in the past, AT&T needs to retain these iPhone customers that will swarm stores next week. Imposing a cancellation fee of that caliber sucks, but it’s how the world works. No word if customers with existing accounts will be subject to the fee.
AT&T to impose $175 early iPhone cancelation fee [Apple Insider]