Home  ›  News  ›

Verizon Wireless Confirms $350 ETF for Premium Devices

Article Comments  

all discussions

show all 23 replies

Think about it?

smittycal

Nov 5, 2009, 12:56 AM
Ok why would Verizon have a higher ETF on smart phones?

These type of phones represent the most risk to the company financially. They subsidize these phones more then others because they want to keep the consumer cost down. But if you choose to break contract before its over then they reserve the right to bill out the ETF to recoop lost revenue on the equipment and the monthly service you agreed to pay when you got the phone at the reduced cost.

If you want to avoid the ETF you can sign up service with NO contract with your own device or you can purchase the phone @ the Full Retail price.

Verizon is also prorating down the ETF 10.00 per month so they are at least considering that you have paid your bill and that they have recouped ...
(continues)
...
crazyeaglefan236

Nov 5, 2009, 1:25 AM
oh...speaking about prorated etfs. Seems like we have a lot of Haters on the boards tonight. But, do ask...what major carrier first put in prorated ETFs? ATT? Sprint? Surely they did because Verizon Wireless sticks it to the consumer.
...
Menno

Nov 5, 2009, 1:39 AM
verizon also only charges 175, sprint and ATT are still 200. 😛

last I checked, our activation/upgrade fees are more managable as well, and we were one of the first to allow customer to change their plan at any time with no fees or contract extensions.
...
crazyeaglefan236

Nov 5, 2009, 1:42 AM
Wow. Talk about "sticking it to the customer".

Oh, and how about Verizon Wireless fighting to keep cell numbers from being in a registry. Where was ATT and Sprint at the forefront of this?

Anyway, these fan boys want something to sip on. They chose this. I got tired of customers doing the Buy and Sell and costing the company a lot of money. I am all for lowering costs. One thing Verizon Wireless is also known for is investing savings back into network. With LTE rolling out...all the extra money to build out the nation's first coast to coast native network will be nice!
...
Azeron

Nov 5, 2009, 1:49 AM
I just want an iphone on Verizon. I know that has nothing to do with the topic, I'm just saying...

Please, please, please! Lowell get it done!
...
BBuser4l

Nov 5, 2009, 1:53 AM
Yeah. That'll happen when I, a guy, get a date with a lesbian.
...
Azeron

Nov 5, 2009, 1:56 AM
Hmmmm...you are a lucky guy. Second half of next year when LTE rolls out and the iphone exclusive ends I guess you will be putting your mouth...ahem... 🤭
...
BBuser4l

Nov 5, 2009, 3:02 AM
I'm not into anything Apple makes.
...
Menno

Nov 5, 2009, 1:57 AM
Verizon already made a statement about it.. that an iphone for verizon is squarely in apple's court. (meaning verizon is open to the idea)
...
Azeron

Nov 5, 2009, 4:20 PM
Hell yeah they are open to the idea! AT&T activated 1,280,000 iphones activated by customers new to AT&T in the 3rd quarter! Yeah, I think I would want in on some of that if I were Lowell or Ivan or whatever mucker made that obvious statement.
...
Azeron

Nov 5, 2009, 1:47 AM
Verizon doesn't charge upgrade fees.
...
Menno

Nov 5, 2009, 1:56 AM
It's actually policy to charge 20 (at least around here at corp stores) however, most of the time the stores don't.
...
Azeron

Nov 5, 2009, 2:02 AM
You mean the Early Upgrade fee if they do an Annual upgrade. Yeah, no one charges that, but there is no Upgrade Fee for a customer eligible for a Standard Upgrade (22 months on a two year or 10 months on a one year contract) or NE2. Plus High Value Customers have the Early Upgrade waived as well even on Annual upgrades.
...
Menno

Nov 5, 2009, 2:07 AM
no, as in if you upgrade your phone at a couple of the corp stores around here they will add a $20 charge to your next bill (normal upgrades, not early ones).

Most indirects charge 15-25.

Like I said, most stores end up not charging it/waiving it. But it is standard policy around here. ATT is something like 25 and it's on every line.
...
Azeron

Nov 5, 2009, 2:12 AM
Hmmmmm...well that's a new one. I knew AT&T had one. I will call my ex-coworkers and inquire if they have this policy. Not that it matters for me. No one on my account is upgrading again unless Verizon gets an iphone so I am good for at least seven months.
...
Menno

Nov 5, 2009, 2:13 AM
I think it varies by region. It's NE markets around here.

when I upgraded I def had it on my bill. (marked as "equipment fees")
...
mackygirl

Nov 5, 2009, 5:03 PM
I work for ATT and I just want to clarify upgrade fee (at least through corporate) is 18 dollars and yes goes on every line, but normally gets waived by customer service after the fact. And ETF is 175 (corporate) on every line and reduces by 5 dollars every month.
...
cellman09

Nov 5, 2009, 7:13 AM
Alltel did it first don't you remember the old tv ads??! It took verizon a little bit to change that part
...
Menno

Nov 5, 2009, 8:47 AM
Alltel was never a presence up here. First commercials I saw were the mycircle ads with the look-a-likes.
...
Versed

Nov 5, 2009, 3:37 PM
Wongo, AT&T has been $175 for the over 5 years I've been with them.
...
Menno

Nov 5, 2009, 4:11 PM
my brother has a 200 etf that he has to wait until feb to get rid of (they will not prorate it)
...
Versed

Nov 5, 2009, 4:23 PM
Well, its been $175 since 94 or 95 since I've been with them. And the same for the other 75 million other plus customers. And for the past 18 months giver to take, don't remember, they've been pro-rating.

Then I wouldn't know, I'm just with AT&T and you use what?

BTW, I don't trust AT&T any more or less then any of the other big three. They all will screw us in the end if they could.
...
mackygirl

Nov 5, 2009, 5:05 PM
is that the etf thru an indirect or authorized retailer?? I have not ever seen an etf over 175.
...
BBuser4l

Nov 5, 2009, 1:50 AM
smittycal said:
Okay, why would Verizon have a higher ETF on smartphones?

These type of phones represent the most risk to the company financially. They subsidize these phones more than others because they want to keep the consumer cost down. But if you choose to break contract before it's over then they reserve the right to bill out the ETF to recoup lost revenue on the equipment and the monthly service you agreed to pay when you got the phone at the reduced cost.

If you want to avoid the ETF you can sign up service with NO contract with your own device or you can purchase the phone @ the Full Retail price.

Verizon is also prorating down the ETF 10.00 per month so they are at least considering that you have paid
...
(continues)
...

This forum is closed.

Please log in to report a message to the moderator.

This forum is closed.


all discussions

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram

 

Playwire

All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.