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FCC Not Satisfied with Verizon's ETF Explanation

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The FCC makes a great point.....

jvp3

Dec 23, 2009, 11:16 PM
...any losses that may be incurred by expensive phones whose contracts are not fulfilled are more than made up for on the back end - monthly service fees, overage charges, etc.

Check out overage charges especially - depending on the plan and carrier, overage charges have usually ranged in price. Trust me, these are little profit centers for the carriers. Those per minute service charges don't cost them diddly, and they're charging as much as $.45 a minute for them.

It's nice to see the FCC finally looking out for the interests of consumers, rather than their big business golfing buddies.
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tuminatr

Dec 23, 2009, 11:56 PM
not really, from what I have read the cost on these smart phones is very high.

I guess the fcc should look and see what most consumers have said about it i don't think it has stopped many from buying. It would not stop me I have no intention of closing my account I love my droid.

I guess the alternative is to increase the price of smart phones and netbooks

I will give you a example I bought a netbook from verizon before the new etf went into place got the Gateway for $29 ordered it online so I got waved activation and instant rebate. activated the service and then immediately called customer service and canceled the service I paid the $175 etf and $29 for the netbook so $205 basically. If I would have bought the netbook from gate...
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bp3dots1

Dec 24, 2009, 7:10 AM
I would be really excited to see this FCC action result in the end of subsidized phones. It would be worth the hit to business to see the look on Mom and Dad's faces when I tell them the Blackberry that Jr wants is now $450, and then explain why the change in pricing happened.
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suicide

Dec 24, 2009, 7:32 AM
i really think putting the phone prices back up is the best bet. Then the consumers will whine about than ill just say sorry you couldnt take the higher etf so youll pay more upfront tough crap.
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SprintCC

Dec 24, 2009, 12:08 PM
That makes sense- punish all of the customers that do the right thing by making them pay up front for the phones, just because some people will complain.

In the end, it is a money loser. We've all been told that the plan subsidizes the phone discount, so the price of the plan would have to come down. But, with the way it works now you pay the same subsidy whether you have the newest smart phone or the most basic flip.
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dthree

Dec 24, 2009, 4:33 PM
How is it punishing customers? It takes away the mystery accounting created by the carriers and lets the customer see the true cost of things.
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bp3dots1

Dec 27, 2009, 1:36 PM
The whole gets punished for the actions of the few all the time. Insurance rates and anti-cellphone use while driving laws are two quick examples. It's the consequence of being unable to please everyone.
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Menno

Dec 24, 2009, 4:16 PM
See mr customer... you remember how you were complaining about ETF's being outrageous and just ripping you off? Well, I have great news, you can now get this phone ETF FREE for just 450 dollars!

Too high you say? Yes, I agree, it is quite high for a toy for junior. But I just want to say thank you for making my job easier because I don't have to explain contracts anymore.. and all because you didn't like the idea of actually paying for a phone, now you have no choice BUT to pay for it.

aint that a bitch mr customer? merry Christmas!
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