News by Andrew Kameka on Thursday January 17, 2013.
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Prepaid MVNO Ting has announced that it will help customers offset the cost of canceling their existing contracts with carriers in order to lessen the burden of switching to a no-contract Ting plan. The carrier has announced that it will pay up to $350 so customers who leave their existing contract with larger carriers - like AT&T, Verizon, Sprint, and T-Mobile - and join Ting get help paying Early Termination Fees (ETF).
Ting, which operates on the Sprint network, is not offering a straight cash payment to customers; instead, the carrier will give new customers a service credit to their Ting account that equals the value of their ETF. Customers will still have to pay the fee of the carrier they depart, but the service credit will cover the cost of their Ting monthly bills.
Ting has set aside $100,000 to help new customers better budget the costs of leaving their old carrier. The promotion will begin February 1 and be applicable only to customers who activate service next month and submit the final bill of their previous carrier within 30 days of activation. Details about the submission process are available at Ting.source: Ting, via: The Verge
Andrew is based in Miami, Florida.