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What is a cell phone contract in the first place?
A cell phone contract is an agreement between a cell phone user and a mobile phone dealer. Having a contract phone means that you pay a single monthly fee for a fixed period of time.
Most mobile phones have contracts set at either 12 or 24 months and they provide mobile customers with a handset and a monthly allowance of calls, data and texts.
Below are some methods of cancelling a cellphone contract
**Contact Customer Service**
It is the most logical step to take but is also likely the least method to succeed especially if there are no valid reasons for your decision.
Consider Selling Your Plan:
Contact your service carrier in order to have knowledge on the processes involved in selling a plan. 
Take Advantage Of the 14 days Grace Period:
Some cellphone contracts usually have a grace period of about 14 days. 
Use Social Media:
If you have any legitimate complaint against the carrier, do well to take your grievances online
In a nutshell, you can cancel your contract free and with ease if you're within the grace period(14days) of usage. Cancelling a contract during any other time can be expensive and stressful. Also ensure that you unlock your phone after you decide to switch service providers as some do lock their users cellphone. Lastly, retainment of mobile number from the previous carrier is fusible if you obtain a PAC from your old service provider and give it to the new one.
I hope this helps you!