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Verizon Removes 10 Phones from $350 ETF List

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Replying to:  $350 ETA? My Vote: Keep them! by SellFone   Jan 19, 2010, 8:46 PM

Re: $350 ETA? My Vote: Keep them!

by Kilya    Jan 20, 2010, 8:16 PM

I agree and don't agree with you on this. Keep in mind I am in the wireless industry. However, contracts were really designed because people in the United States do want something for free. This is almost soloy why we have contracts. The UK pay full price for their phones and their services are prepaid. Now breaking terms of a contract and paying an ETF is not made because people can't honor their word. Don't get me wrong I am sure that some people leave for very stupid reasons but understand that this is a 2 way street. If the service isn't providing like it says (ex: Company says they have service where they don't, and this happens all the time) then it is the Service side that is in the wrong and in some will allow you to break the contract without an ETF. ETF's were designed to recoup money from the discounted phone, not make profit or telling people they arn't honoring their word for not staying with them. I used this example in an earlier post showing that Verizon's increase is a bit high because they actually make more money on phone purchase with ETF then just buying the phone out right. (Ex: Black Berry 8530 sells for $379 outright, 2yr contract price is $79.99 after MIR. If you buy phone 2yr contract and pay ETF they end up with $429.99 a $50 profit). I agree there should be an ETF it just doesn't need to be more then the outright cost of a phone, and shouldn't be outrageous. Every service has their place, I would say that Verizon is good for some people, but where I live not for most, AT&T is better. I always say if it works where you live, and where you work, its a good service for you because those are the two places you are the most. Verizon is they only company increasing their ETFs and the reason is cause they are the Masters at Shafting the customers in my opinion. They took 10 phones off the list because they know they are being unreasonable. If they are so concerned about losing money at the end of the day, stop giving the house away upfront. I believe that customers are probably realizing that Verizon's commercials are pretty unrealistic and they begin seeing that their service isn't as great as verizon makes it out to be. So Verizon raises their ETF to make up for the loss of customers they know they are going to have.
That value to the consumer comes to the phone actually working, and in my personal experience Verizon is just getting worse and making up crap excuses about why their network is starting to suck.

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