It's getting easier and cheaper to hang up on wireless providers.
If you want to switch your cell phone company or plan, AT&T, Verizon, and Sprint now let you switch plans mid-contract without having to sign up for new multi-year agreements. T-Mobile and Alltel already let you do this.
As far as switching carriers, Verizon now prorates its early termination penalty so the fee drops five dollars every month you've have the contract.
Here's an example of the potential savings: If you sign a two-year contract with Verizon and cancel after a year you would now pay $115 versus the $175 you would have paid before. Unfortunately, though, this rule only applies to people who subscribed after November 15, 2006.
According to Money Magazine, Alltel, AT&T, Sprint and T-Mobile plan to announce similar changes soon.
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