Rumor: FCC working with carriers to reduce cellphone contract penalties


So you want an iPhone. Or you just hate your carrier and want to switch to someone else. You should be able to just do that, right? But you cannot, as there are all kinds of fees and penalties that they hit you with, it’s horrible.

Luckily for you the FCC has your back, as word is it’s been quietly been working with carriers to put together a standard plan on how to handle those who want to switch but are still under contract, including pro-rated penalties, certain “no penalty” periods, and other consumer-friendly measures.

They won’t end the penalties altogether, not any time soon, but it’s a step in the right direction. Some day you’ll have full-featured phone service with no contracts, but until then this is great news, if it’s true.