Andre Yoskowitz
8 Feb 2010 19:06
Following an FCC investigation into the overall industry, Google has slashed the fee for Nexus One owners who decide to drop their contract early.
The early termination fee, or as Google calls it, the "equipment recovery fee," is now dropped from $350 USD to $150 USD for T-Mobile users who purchased the phone but no longer want their T-Mobile contract. The $150 is on top of the $200 that T-Mobile charges for breaking the contract early.
Says Google: "Google's overall financial philosophy with regard to operator service plans remains unchanged: We make no profit from commissions from operators or from equipment recovery fees, and our recovery fees are based on operator charges to Google for early termination of service."