Judge ruling on Sprint fees is blow to industry
July 29th, 2008 By PAUL ELIAS , Associated Press Writer(AP) -- The fees that cell phone carriers charge customers who break service contracts took a big hit in a California courtroom when a judge said such charges by Sprint Nextel Corp. likely violate state law.
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Europe and asia have a much better system. You can walk into any store and buy a pay as you go chip that works in any cell phone. Change cariers by just changing chips. No phone reprogramming or unlocking is required.
Any remaining balance can then be billed, or the phone returned, as with any other product.(ie the phone remains the property of the carrier until it has been completely paid for).
Personally I prefer the pay-as-you-go scenario since you're not "married" to a carrier.