To give you an example, Snap have 12 or 24 months contracts. If you choose the 12 month option then they supply no equipment but to terminate early means you have to pay out the entire value of the contract. So if you choose the $75 plan and cancel after two months, you are stung with $750 even though they have no equipment costs to recover and the installation was paid for by the government.
The reason I ask is that we are moving into a new house on a UFB-only subdivision in Feb, meaning to get phone and Internet I will need to pick from one of the existing service providers for service, but I am fairly certain that I will want to switch to Telecom once they launch UFB products (I heard April?).
Interested to know what others think of these early termination fees?