Verizon Wireless Confirms $350 ETF for Premium Devices
Companies have a right to protect their interest
Here's a prime example
- In my area recently, a businesss setup over 50 new lines of service all with advanced devices taking advantage of instant rebates and bogo deals. Two weeks later, all the lines were deactivated and ETF's paid out. If on a generous side you assume Verizon pays $400 per advanced device that was sold (since retail is usually $520 or higher), and the customer payed an average of $50 (also a generous assumption) per handset plus the ETF of $175, th...
(continues)
Forget the NO ETF or $10 Unlimited Plan. If they guarantee 100% 3G I'm there man! 😁
Sure there are some assholes who pull ebay schemes with phones, for what a few bux profit after all is said and done, the overwhelming vast majority don't. The leave or want to leave for something else, and are willing to pay off the etf of what it is at present. And thats fine.
$350 is to stop those who want the latest and greatest, OK, you may find that wrong, I might too. But if I want to switch thats my business. If VZW would want to keep me they should be doing...
(continues)
In the end, it is just another example of consumers complaining that they are maxing out their credit cards faster instead of looking at the COST of things and thinking before they buy.
If you are the type of person who always wants the best toy (no matter what network) you either buy all your phones on ebay, buy them retail, or at the worst sign a one year contract.
Before I worked for the carrier I always purchased phones on 1 year contracts or full retail if I really had to have it. At the rates I go through phones I usually recoup the cost of the new 1 year contract price by selling my old phone on EBAY. Win win.
You're making the choice to sign the contract and get the discounted phone. So you are responsible to the terms of that contract. Or, do you think that the obligation is only on the provider's side?
VZW_insider said:...
I really don't get how so many people can really believe that this is simply a "get rich" scheme for Verizon Wireless. People!! It's a business. You want to know why they are bumping the ETF for "ADVANCED DEVICES ONLY" (just want to make sure there's no confusion on that).
Here's a prime example
- In my area recently, a businesss setup over 50 new lines of service all with advanced devices taking advantage of instant rebates and bogo deals. Two weeks later, all the lines were deactivated and ETF's paid out. If on a generous side you assume Verizon pays $400 per advanced device that was sold (since retail is usually $520 or higher), and the customer payed an average of $50 (also a generous assumption
(continues)
This forum is closed.