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FCC May Regulate Cancellation Fees

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another example of a utility company coping out and running to the gov't for help

tnt2k1

May 21, 2008, 9:39 AM
I remember back in the early 1900s with the utility companies in the michigan and wisconsin area ... there was a lot of of competition so the biggest utilitiy companies got together and ask the governmetn to regulate the utility industry ... thus resulting to a monopoly for the big utility company and high standard rates.

this is the beginning for the regulated wireless industry. at the end, this is only hurting the consumers. the big wireless companies want regulation so the consumers will have no power of what happens in the market.
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T Mobster

May 21, 2008, 9:58 AM
yea i agree...it's companies like that that are ruining this country and sucking the blood from people's veins. They don't care and will continue to look after their own interests and line their pockets. As soon as they know they're in trouble they pull some get out of jail free card. They've greased some politician's palms. Who pays in the end as usual...the consumer who got screwed. Now lets hear how many brown nosing degenerates fire back at this. ๐Ÿคจ
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nexsprint

May 21, 2008, 10:42 AM
Why/How are the conusmers getting screwed? Please explain. All companies have contracts and they all have a fee for getting out of that copntract. So how do we get screwed if the ETF's are made the same for all carriers? We still have to pay etf's one way or the other for getting in to a contract and not being satisifed with our decision
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JasonT1273

May 21, 2008, 11:47 AM
So you are saying you'd like to see no contracts? That means no buy down on the price of your shiny new phone then either. That phone that was next to nothing or free? Guess what? Expect to pay about $150 for it if contracts go away. Companies are in business to make money. Cold hard fact of life. Selling a phone that costs $150 for $10 to someone who could leave next week would not be a sound business model. Charging an ETF recoups that cost, allows the company to stay profitable, and the consumer to be on their (not so) merry way. True, ETF's have been used in less than scrupulous ways in the past but these days the top carriers don't put you in to a new contract over plan changes, only over discounted phone offers. I don't know ...
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T Mobster

May 21, 2008, 12:27 PM
im saying why should these money hungry companies be allowed to charge etf's if you're unhappy with your service....take the stupid phone back!! or if i own the phone why should i be in a contract?? where's the discount of phone service?? there's always some b.s excuse for the stupidity of big companies.
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JasonT1273

May 21, 2008, 10:37 PM
That's like saying GM or Ford should take your car back and the bank let you out of your loan just cuz you're no longer happy with your car and then wanting a discount from the oil company for all the gas you buy. And you don't own the phone until you've met the terms of the agreement. You know, the one that got you the cheap phone deal to begin with. The ETF takes the place of what they lose in the cost of the phone and marketing it. If you know anything about the wireless phone business you might have heard of something called "cost to acquire" Look it up genius.
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PEZ

May 22, 2008, 11:28 AM
Dope - when you buy a car it is not a service - it a purchase. THe loan isnt a service either. You cannot compare one thing with the contract of another. You need to take the cellphone cotnract as what it is. Forget the analogies. Learn the rules.
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JasonT1273

May 22, 2008, 3:04 PM
What rules? Yours?

Maybe I need to better explain the analogy for the logic-challenged.

A car is a purchase. So is a phone. We aren't talking about the plan, which IS the service. This we'll cover below. In both cases it's uncommon for most people to drop the cash for the full price at the point of sale. Carriers subsidize the price in exchange for a contract. Banks finance a vehicle allowing the buyer to pay over time. Either way you don't pay all up front for it.

You can liken the ETF to either the interest that you pay over the course of the loan or, in the case of 0% APR, the amount you owe that is more than what the car is worth by the time you are no longer happy with it and want to sell or trade it in. Unscrupulous...
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PEZ

May 22, 2008, 11:24 AM
YOU PICKED THEM. Do research beforehand about service. Stop making yourself otu to being a victim.

IF you arent happy, then leave - but pay the fee. The fees MAY be high, and this is why the bill is tryign to regulate them - did you even read the damn article?
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nexsprint

May 24, 2008, 3:11 PM
Okay, you start a 3rd party dealer and offer to take back used phones at full retail price if you are not happy with the service and let me know how it goes. It's called a business.

Secondly, in accordance with what others have said you do not "own" the phone. The carrier does.

And if you have been with the same carrier for more than 2 years and do not have any discounts on phone service you are doing something seriously wrong...

There's always some BS excuse from an incompetent customer about why they are frustrated with their carrier
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.Dylan

May 21, 2008, 2:37 PM
How old are you? ๐Ÿ˜›
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tnt2k1

May 21, 2008, 4:23 PM
The point is that instead of the carriers manning up to the customer complaints and lawsuits because of their practices, they are running for cover by asking the Government for protection in a form of regulation.

Of course when regulations happen, there is no way to challenge them (unless you want to go through a whole appeal process of some sort) and at the end the consumers will lose major power and voice in the market because of government regulations and mandates they "impose" on the industry. free market is the way to go ... regulations will only make things worse for the consumers.
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T Mobster

May 22, 2008, 10:26 AM
bro you're talking to people who are obviously siding with big corporate. don't waste your time with them. when they're broke or a company does them in one day they'll learn how important it is for free market to be in place as well as consumer protection rights and fairness. ๐Ÿ˜•
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PEZ

May 22, 2008, 11:30 AM
They want to regulate it across the board so there can be a formal system with all carriers. You think its simple running a cellphone carrier service? NOne of these companies are making a profit.. they lose millions a year. How do you suppose they should stay afloat? By charing for their services and penilizing indicisive morons like you who change carriers everytime nokia comes out with a new model.
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tnt2k1

May 22, 2008, 12:11 PM
PEZ said:
They want to regulate it across the board so there can be a formal system with all carriers. You think its simple running a cellphone carrier service? NOne of these companies are making a profit.. they lose millions a year. How do you suppose they should stay afloat? By charing for their services and penilizing indicisive morons like you who change carriers everytime nokia comes out with a new model.


I worked for VZW (3+ years). I have a corporate discount with VZW. My company has VZW. I buy from VZW. Actually ... I probably spend more than six figures on VZW for our business unit.

I've read case studies on government regulations on utility companies. I've wrote papers on government regul...
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Versed

May 22, 2008, 4:27 PM
PEZ said:
They want to regulate it across the board so there can be a formal system with all carriers. You think its simple running a cellphone carrier service? NOne of these companies are making a profit.. they lose millions a year. How do you suppose they should stay afloat? By charing for their services and penilizing indicisive morons like you who change carriers everytime nokia comes out with a new model.


If I so choose to pay for such Nokia and use it on another carrier, yes. There is no reason for an ETF on an unsubsidized phone. If the carrier doesn't keep me happy, its their problem. And I doubt the major carriers well except for one are losing millions, nor wouldn't unless poorly managed.

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PEZ

May 22, 2008, 11:22 AM
You rememebr the early 1900 huh?

Should you even give a crap about cellphones grampa?
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tnt2k1

May 22, 2008, 11:39 AM
PEZ said:
You rememebr the early 1900 huh?

Should you even give a crap about cellphones grampa?


I'm 24 years old. It's called paying attention in my Econ Class - Public Policy and Economic Problems.
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