T-Mobile Handout — T-Mobile has a new plan to lure customers away from rival companies. The carrier announced it will pay early termination fees for those willing to switch from AT&T, Sprint or Verizon.
Under the deal, customers can receive up to 650 dollars in credit after trading in a phone. That includes a maximum of 350-dollars per line and 300-dollars per phone. Customers must also buy a new phone from T-Mobile. It's the latest move under T-Mobile's so-called "uncarrier" strategy, which eliminates contracts.
The deal is likely a response to AT&T's offer to pay T-Mobile customers 450-dollars to switch over.