1 September 2014

Now break your long-term cellular contract for cheap

Stuck in a long-term cellular contract?  As of this month, the big fines and exit fees hanging over your head have been greatly reduced.

As the Israeli business newspaper The Marker reports, this change affects both existing and new contracts.

החל מה-1 בפברואר הוגבלו קנסות היציאה ללקוחות חברות הסלולר, ביניהם גם למנויים הנמצאים בהסכמים קיימים, והם יכולים לעבור מחברה לחברה באותה המתכונת של תשלום סמלי עבור הפסקת ההתקשרות: 8% מהחשבון החודשי הממוצע כפול מספר החודשים שנותרו למנוי בתקופת ההתחייבות עם החברה הסלולרית שלו.

How can you calculate how much your contract exit fee with your existing mobile phone service provider would be?  Use the following formula:

  • Average of your monthly bills x 8% x the number of months left in your contract
  • For example, if your monthly bill averages 100 NIS and you have 12 months left in an 18 month contract, you would owe only 96 NIS – a big savings from the enormous fees that were charged until recently.

So, get out there, find the best deal for yourself, and don’t let any cellular contract hold you back!

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Comments

  1. Ellen says:

    Would this apply to internet subscriptions also?

Trackbacks

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