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AT&T, Google, Sprint, T-Mobile and Verizon Defend ETFs

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New ETF Idea

glinc

Feb 24, 2010, 10:31 AM
Well here is the idea I propose. Every carrier should have a no contract price or a contract price on the phone. Give any phone for free if the customer sign a contract but base the ETF on the price plan they picked and multiply it by the months they have left in the contract if they decide to cancel after 3 months.

E.G.: I got the Nexus One for free with 2yr contract and signed a $39.99 Plan + $30 data plan. Then 3 month into my contract I cancel and then my ETF would be $69.99 x 21 Months left, equal $1469.79.

This will clearly benefit both the Company and the customer because the company will not lose if the customer just get the phone w/o a contract or with a contract and will make customers think better which way to go before ...
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ecycled

Feb 24, 2010, 10:46 AM
One thing that I like though is the ability to change my plans based on need. How many times will someone switch carriers? You don't know how the minutes will work. What if everyone is one the new carrier and you get free minutes, or no one is on the new carrier and you need more minutes? Usually you figure that out after a couple of bills.

The answer in your situation would probably be to either get re-signed under a contract with plan changes (I'm not a fan of that), or the ETF gets changed. If the ETF got changed customers would constantly say "I wasn't informed" or "No my ETF is lower".

Its a tough one. Perhaps there is a good answer. IMO The current system is alright, but then again nothing is perfect.


"You can't make anythi...
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Otowncell

Feb 24, 2010, 11:03 AM
How bout people stop b@@ching and don't break a contract! I mean they take everything for granted like it's their right to have cheap lease breaking terms, its not your right its your freedom to do what ever you want but its the companys freedom to charge you whatever they want for you not living up to your end of the bargin.
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Jayshmay

Feb 24, 2010, 11:43 AM
I agree with you on this changing a rate plan can extend a contract crap, but as far as I know that's only with Tmobile. I'm with ATT, for 8yrs, and I can modify my rate plan anytime. Rate plans should have nothing to do with contracts! Contracts are suppose to be for equipment upgrades.

If it weren't for the lack of flexibiliy & freedom, I --might-- actually be with Tmobile right now rather than be WAITING, and WAITING for Android on ATT.
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VDubb

Feb 24, 2010, 11:37 AM
ETFs are designed to recover the initial loss of the device. There should NEVER be an instance where the ETF surpasses the worth of the device, especially by almost 3x.

- VDubb
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waldorfsalad

Feb 24, 2010, 8:23 PM
Your idea is clever. However, trying to sell a customer on the idea that they might have to pay an ETF of $1469.79, ain't going to fly.
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