New iPhone Termination Fee

By: Channel 6 News Email
By: Channel 6 News Email

It'll cost you more to break your iPhone contract with AT&T.

Starting June 1st, iPhone buyers will have to pay $325 for breaking their contract.

That's a $150 increase over the current price...but the fee goes down by $10 a month while customers stay in the contract.

At the same time, customers with regular phones will see their termination fee go down by $25, to $150.

This follows Verizon raising its smartphone termination fee this past November.

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