T-Mobile's 'Get Out of Jail Free Card:' they'll pay your early termination fee to switch

[iMore.com]

T-Mobile's brash, outspoken CEO John Legere took the stage at CES today to unveil the latest phase of the company's successful "Uncarrier" program: what the company has billed as a "Get Out of Jail Free Card." T-Mobile will pay you as much as $650 per line to cover your early termination fees (ETFs), if you break contract and switch service from AT&T, Sprint or Verizon.

Full story from the iMore Blog...

 

[robbrick]

i'm wondering if anyone has experience with TMO in the Los Angeles area and hopefully comparisons with Verizon. I currently have VZW and am thinking of switching and wonder if I'd lose too much coverage-wise to make the money savings worth the switch. I'd hate to have more of a headache for $50 savings.

Thanks in advance!

 

[rayz336]

This is a pretty cool move by T-Mobile but didn't he just call AT&T desperate for doing something similar to this?

 

[MERCDROID]

This is a pretty cool move by T-Mobile but didn't he just call AT&T desperate for doing something similar to this?

Yes, sort of. He called AT&T desperate for preemptively stealing their play.

 

[Peligro911]

So by issuing credit does this mean you won't have a bill for a couple months so you can pay all those fees from your previous carrier ?
Also they make you trade In your phone so you use those credits to buy new phones ?