AT&T Hikes Smartphone Early Termination Fees by $150

Early termination fees aren't by themselves unfair. Cellphones, especially smartphones, are heavily subsidized, a fact which is frustratingly not very well known; many people really do think their iPhones are ridiculously cheap, at $200, when in fact a 32GB iPhone 3GS actually costs $700--in that case, AT&T just charges a bit extra, month by month, until the $500 advance is paid off. Since the wireless carrier is drastically cutting the entry price of a cellphone in exchange for a multi-year...