Cell Phone Contracts May No Longer Cost - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Cell Phone Contracts May No Longer Cost

You may pay less to get out of your cell phone contract.. Thanks to the Federal Communications Commission.

Today, commissioners met to regulate fees that cell phone companies charge for contract termination.

The companies say the fees are necessary to cover the cost of the phones.

A new plan would require fees be related to the actual cost of the phones.... And that charges be pro-rated over the lifetime of the contract.

Currently bills are pending in Congress and State Legislatures that would force the companies to stop charging customers for dropping their service.

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