Three-year wireless contracts are on their way out in Canada thanks to new provisions from the Canadian Radio-television and Telecommunications Commission (CRTC). While the commission has stopped short of banning the long-term commitments altogether, it's giving consumers the option to cancel service with Canadian providers after two years — a scenario that more closely resembles mobile subscription models in the United States. The changes won't be immediate, however; the new code will affect all contracts involving subsidies signed beginning December 2nd.
To lessen the burden of three-year service agreements, the CRTC is requiring providers to decrease the cost of early termination fees (ETFs) by an equal amount monthly until the...
via The Verge - All Posts http://www.theverge.com/2013/6/3/4391260/wireless-code-allows-canadians-cancel-three-year-contracts-24-months
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