The early termination penalty is calculated based on the remaining contract period using the following formula:
(Total recurring charges × minimum service term ÷ total days in the minimum service term) × remaining contract days
Example 1:
Customer A subscribed to the Time Fibre Home 600 Mbps plan on 8 April 2020 at RM139 per month and terminated the service on 8 October 2020, six months into a 24-month contract. The early termination penalty would be RM2,495.15, calculated based on the remaining contract days.
Example 2:
Customer B subscribed to the same plan on 8 April 2020 and terminated the service on 8 January 2022, 21 months into the 24-month contract. In this case, the early termination penalty would be RM500, as the flat fee is higher than the charges for the remaining contract period.
The examples above are for illustration purposes only. Final charges will be calculated based on your actual subscription details and remaining contract period.