I personally use Virgin Mobile. It runs on the Sprint network and has great service. There are also many other no contract cell providers like TracFone, Cricket, Att Go Phone and a few others.
No, the contracts are all designed with an early termination fee to ensure they make a profit. No one would buy out that contract as it would result In financial loss.
Three reasons:
1. Money
2. More money
3. Not losing money
In the beginning, it was simply a source of revenue if a customer decided to cancel their contract- greed. (That part is my...