Among all the changes Sprint has recently made in an effort to keep control, Sprint has announced that they will be offering prorated Early Termination Fees. They are just about the last major company to do this after AT&T, T-mobile and Verizon have already been doing this for a while now.

The plans are prorated based on the time left on the current contract. This policy makes it better for the customers. There should be no reason that someone who is only 2 months into a contract should pay the same amount as someone who is weeks away from completing their contract.  Following the announcement Sprint is working on their billing system to account for reduced ETFs.

As of November 2nd, Sprint will start reducing their $200 Early Termination Fee after the 6th month of service.  Every month after that Sprint will lower the ETF $10. After 15 months of service the ETF will be at $100, the lowest ETF in the cellular industry. There are provisions in place allowing the ETF to drop down to $50 should a customer terminate their contract early.  These policies are only in effect for contracts signed after November 2nd.

[Via Sprint]