FCC Taking On Verizon's New ETF
The Federal Communication Commission has opened an investigation into the recent change that Verizon Wireless has made to its early termination fee policy. Verizon doubled the fee for premium devices from $175 to $350. Verizon contends that consumers can pay the full retail price and avoid the ETF. The FCC has sent Verizon a letter seeking more information on why. The FCC is also looking into a $1.99 data charge that is appearing on the bills of its subscribers. The FCC queried, "whether consumers are being charged for minimal, inadvertent use of Verizon's Mobile Web service, and what notice is being provided to those consumers."
Verizon to Kick Off HTC 10 Preorders April 29
Verizon Wireless today said it will begin accepting preorders for the HTC 10 on April 29. Verizon expects the phone to launch in early May and has not yet provided pricing details for the phone.
Sprint and Verizon Fined Total of $158M to Settle Cramming Charges
The FCC today said Sprint and Verizon Wireless have agreed to pay $158 million to settle charges that they fraudulently charged customers for third-party services — a tactic referred to as cramming. Specifically, Sprint will pay a total of $68 million, $50 million of which will go back to customers, $14 million of which will go to state governments, and $2 million of which will go to the federal government.
Verizon Returns Fire On Contract Buyouts
Verizon today announced a program to buy out the contract and device debt of new customers switching from competitors. Verizon will now pay new customers up to $650 per line to cover competitors' early termination fee (ETF) or outstanding device payments.
Verizon Makes It Pricer to Break Contracts
Verizon Wireless has changed its terms of service and made it more expensive for customers to leave the carrier before the end of their contract. Under the old terms of service, all customers who purchased a smartphone agreed to an ETF of $350.
I think the stance T-Mobile is taking where there is no contract and pay the price of the phone monthly is also a good solution. An even better one would be to give the customer the ability to set the time frame in which they want to pay off their phone as well.
I honestly see no probably with them raising the ETF especially if they are offering larger discounts.
new Blackberry = $599 out of pocket, no subsidy.
On sale = $179 (Storm2 for 2yr contract)
...all in all, it's too late, the damage is done. Europe has had no subsidies for ages, to unleash something like that on the US where ever...
Make the ETF equal to the amount of the total discount of the phone(s). Prorate the ETF accordingly. It's that simple.
I'm with you. I just don't see the big deal. Why wasn't the FCC crawling all...
Probably a subscription, ppl always complain about those txt to vote subscriptions.
have you guys looked at all the extra stuff they manage to add on?
i used to have verizon and now i don't and when i compare my old verizon bill with my new none verizon bill...
So $100 for $1000 worth of equipment
Sell second storm on ebay brand new in box for $500 and pay $175 eta.
YEs factor in activation fee and I just made $300 profit. If you don't think people figured this out and where abusing it you are nuts!
In order to keep offering such great deals to honest consumers they had to hike that up to keep the scammers away. It was that or stop offering bogos on the high end devices... but I am guessing those who used to promo wouldn't have liked that to much
would you rather pay $400 for two high end BB, Droid or whatever and have a $175 cancellation fee
Or Would you rather pay $100 upfront for two devices and have a $375 ...
Ok, that's fine if you're making toothbrushes. However unlike certain commodities, there are sign...
Verizon's just trying keep people from porting...
The whole "cost of phones" excuse is BS because their earnings prove that losing money obviously hasn't been an issue for them thus far.
The subsidy is there so they can offer all phones under 200, and offer bogos without people setting up 4 line family shares to get phones, paying early terms, and making a nice profit by...
There has been a steadily increasing number of people that are fed up with Verizon's ridiculous prices, and Verizon knows it. And what better way to keep customers from porting out than to scare them with an outrage
shame shame shame...