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FCC Taking On Verizon's New ETF

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Verizon's just trying keep people from porting...

kabukijoe

Dec 4, 2009, 9:37 PM
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 outrageous ETF.

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.
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Menno

Dec 4, 2009, 10:30 PM
verizon's churn numbers are among the lowest in the industry.

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 selling the phones.

And just because they aren't in the Red doesn't mean they aren't looking at ways to cut costs.

to stop this issue, verizon would either need to increase the price of the phones, or increase early term. they went with what will affect the fewest people.
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jskrenes

Dec 4, 2009, 11:13 PM
Menno said:
verizon's churn numbers are among the lowest in the industry.

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 selling the phones.

And just because they aren't in the Red doesn't mean they aren't looking at ways to cut costs.

to stop this issue, verizon would either need to increase the price of the phones, or increase early term. they went with what will affect the fewest people.


OR...Verizon could have bumped everybody's ETF up to $200, and people would have complained, but it probably would have flown under the radar (after all, that's what Allte...
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kabukijoe

Dec 4, 2009, 11:56 PM
The few people in the country that are stupid enough to try scamming them like probably have a history of being unreliable and would have to pay a $400, $800, or $1000 deposit with Verizon, which would more than cover the cost of the phones... You have to have pretty good credit to get approved with Verizon without a deposit and most people that have good credit intend on keeping it that way.
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Menno

Dec 5, 2009, 12:56 AM
no, these are people with good credit getting the phones during bogos and selling them. These people typically have another carrier (or no cellphones at all) so they don't care what verizon thinks about them afterwards.
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shiftmobile

Dec 5, 2009, 5:33 PM
You don't get bad credit from canceling contracts and paying the etf. You get bad credit from not paying. Are we really that ignorant in this country. Even the FCC is being dumb. Hello, the pda/blackberry/droid phone's COST (NOT retail and not 2 yr contract price, COST) $300-$575. And please don't dispute those #'s just because you don't believe it. I see the cost of them. Seriously, should people who don't own or run a business even be commenting on this?
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Slammer

Dec 5, 2009, 7:22 PM
Yes. Subsidies are expensive, but if any carrier is able to absorb subsidy costs, it would be Verizon. The fact that almost 2 million Verizon subscribers bolted for the iphone is reality of making a change. My experience with Verizon is that they are sore losers. They have spent a huge amount of money to convince people that they are the #1 carrier. To loose that standing would be a huge blow. Do not stick up for your carrier on this issue. This is a ploy to lock people in. You are the one that is in the denial of the business tactics. I know too many people in the above middle management position at Verizon to believe this as otherwise. My Brother in-law makes visits to corporate six times a year. He was called out to headquarters two weeks...
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Azeron

Dec 6, 2009, 5:12 AM
You sound like a Democrat. So because I make more money it is okay to rip me off because I can afford it? Your insider information is simple common sense and what everyone is saying. Verizon isn't in the business of giving phones away. If the $350 ETF is overturned (as I hope it is as I detest subsidies) then I am sure the price of all smartphones will increase and no more BOGOs.
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Azeron

Dec 6, 2009, 5:06 AM
If one cancels service and pays the final bill (which includes the ETF) then one's credit is not affected. One is reported to the credit agencies for NOT paying one's bill.
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bluecoyote

Dec 5, 2009, 1:08 AM
Verizon's had nothing but old-news phones for the past 3 years. I think their customers are starting to get fed up waiting for a decent phone to arrive.
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shiftmobile

Dec 5, 2009, 5:41 PM
Ignorance is bliss isn't it? Did you miss the part that Verizon has the lowest churn in the industry? Maybe you'd like to revise your comment based on facts. Or maybe not and keep proving too us you're living in dreamland. Maybe the etf change really has something to do with them getting scammed on the bogo. You don't seem to offer anything other than your opinion. btw, the new etf only affects customer signing up after Nov 15th. The rest are grandfathered under the old agreement. Just thought I'd throw some more facts out for ya since you were lacking.
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jskrenes

Dec 5, 2009, 1:34 PM
kabukijoe said:
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 outrageous ETF.


And what of it? It only applies to new customers, so if you don't like it, don't sign the contract.

Actually, if they are doing it to combat the BOGO/cancel activity, they could just double the ETFs on BOGO deals.
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yeahright

Dec 5, 2009, 2:47 PM
Exactly....Verizon introduced prorated etf's and everyone else finally followed and they also offer no contract options if you want to pony up the cash and not have to worry about an etf...

I never understand this complaint.... You get 300-400 off a BB, Droid, Windows device then you should have to pay it back if you cancel....especially if you do the current promo and get two Eris's for $100.....that is $800-$900 off!

My only complaint would be how they prorate, should be a little steeper etf discount when in the last few months
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payurbill

Dec 5, 2009, 7:56 PM
I'm pretty sure goverment required all companies to do prorated ETF starting June 28,2008 or something along those lines but i could be wrong
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Azeron

Dec 6, 2009, 5:15 AM
Verizon changed to prorated ETFs when they saw the inevitable conclusion to the matter (just as they did with LNP).
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Azeron

Dec 6, 2009, 5:03 AM
Wait...a carrier doesn't want its customers to port out to another carrier or simply cancel service? REALLY! Your gift for the obvious knows no bounds. OF COURSE that is what it is all about. Now...I know this may be difficult for you, but place yourself in Verizon's place. Wouldn't you want to prevent customers from leaving? But hey, they just went to the $350 ETF for Advanced devices in November, right? Perhaps if a customer were a long suffering VZW customer chomping at the bit to flee (rather than a scam artist taking advantage of Verizon's recent penchant for BOGO offers) they should NOT be re-signing with Verizon! A novel idea, no? I hope it penetrates that thick head of yours. Imagine people complaining when all they freakin...
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