Verizon Removes 10 Phones from $350 ETF List
Verizon Wireless has silently taken 10 multimedia devices off the list of phones that require its new $350 early termination fee. The original list submitted to the FCC in December 2009 featured 10 models that don't appear on the current list, and included devices such as the Motorola Krave and Samsung Rogue. It's not clear when or why Verizon removed these 10 devices from the list, and Verizon Wireless hasn't officially commented on the matter. The devices that do appear on the list require an ETF of $350 — double that of standard phones — if the customer chooses to break their contract early.
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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.
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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.
$350 ETA? My Vote: Keep them!
Remaining competitive Verizon still offers these handsets and record low prices and many times Buy One Get One Free promotions. Who eats the profits? Answer: The dealers that still pay regular price for the equipment.
Many customers realized quickly that you could do a BOGO promotion, pay the ETAs, sell the phones at retail and make a decent profit. This is unethical and bad business.
Customers need to know the truth about raised ET...
I don't understand why it is so hard for most people to figure it out, it common sense
FCC don't forget verizon and their FORCED $10 data requirements!!!
Bye Bye Verizon!
And if you had a New every 2, you were getting over 400 off the retail cost of the phone, thus the etf.
Sounds to me...