Following a leaky and occasional drama-filled lead-up , T-Mobile finally unveiled the latest chapter in its Uncarrier initiative. Today the company announced it will pay customers to break their current carrier contracts with their current carriers and switch over to Team Magenta.
Customers can earn a total of up to $650 per line to switch, for up to five lines. The credit is meant to counter the early termination fees (ETFs) levied by carriers against customers who break their service contracts.
Starting tomorrow, customers of Verizon, Sprint, or AT&T who hand in their eligible devices at any participating T-Mobile location and switch will receive an instant credit of up to $300 per device based on the value of their phone.
After customers receive the final bill from their old carrier, which includes the early termination fees, they either mail it to T-Mobile or upload to switch2tmobile.com. T-Mobile will then send an additional payment equal to those ETF fees, up to $350 per line.
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