Verizon Wireless Confirms $350 ETF for Premium Devices

posted Nov 4, 2009, 10:03 PM by Eric M. Zeman

Verizon Wireless has confirmed earlier reports that it is increasing its Early Termination Fee for certain devices from $175 to $350. Spokesperson Jeffrey Nelson said in an email to Phone Scoop, "We are raising the ETF for contracts associated with the purchase of an advanced device (i.e., smartphones, PDAs, netbooks) at a reduced price. This change only applies to new contracts beginning Nov. 15, and only when the customer ends serivce before the term is up. The ETF will be $350 and will decline by $10 a month. Our ETF for all other devices remains at $175." Verizon Wireless believes this change gives customers another choice when it comes to how they purchase wireless devices and services.

from Verizon Wireless

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