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29 Jul

Here’s another bad news for Sprint. After selling a large amount of their towers last week in order to pay out some of their already standing balance, Sprint receives one more bad news. In a Californian state court it has been ruled that Sprint will have to pay about $73 million in refunds to customers for charging early termination fees improperly.
Sprint will certainly appeal the decision in the following weeks but I doubt anything will change. After all the FCC must be watching this too as they do want to control the early termination fee practice (remember all those posts about ETF we’ve had about a month ago?). Verizon had a similar glitch earlier this year but it settled it in order to prevent such an outcome.
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