Verizon Responds to FCC On ETFs and Data Fees

you big fat lier verizon! The 1.99 charge can occur when you accidentally opening anything mobile web. if you don't change your short cuts it's easy to do. Hell my gzone would occur data charger when i powered if off and back on. i would see the data icon when it was powering on doing whatever and sure enough 1.99...maybe it just does that with ptt phones. i have to always call those blood suckers and have it reversed. big waste of time. and they're always trying to stick it to you, they claimed one time that the free411 was not FREE. Finally a half hour later they said oh our bad. Verizon blows chunks sometimes.

So here's to hoping the FCC calls VZW out on their sloppy math. VZW reports that its average revenue per customer is around $50 with an average expense per subscriber of around $30--so they're pulling an average profit of $20 per subscriber per month. Even if VZW's average cost of acquisition is $250, that equals a 12 1/2 month break even point. This isn't even taking into consideration that an 'advanced' device customer will be required to have a $29.99 data plan. The bottom line is that advanced device customers are more profitable then average and therefore have an even shorter break even period. There is no way VZW maintains its 'industry leading profitability' by following a business model that allows it to potentially lose money in the...
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They will lose money. what at joke. Does anybody believe that?

🙄 They advertise everywhere and anywhere. They spend alot of money on also store upgrades and collateral for the store,There is a lot of corporate waste internally at Verizon. They don't loose money after 1 year. They are using a data model meaning if someone just gets the BARE minimum and have no data than they would say they loose money cause of that empty potential incoming money.

This whole industry needs massive reforms. There is way too much lack of transparency in both billing and handset costs. Its not secret that Telecoms are businesses that want to maximize profits[ for themselves/shareholders]. To be fair, the average US consumer is used to having their device subsidized to where is 'appears' to be free. So its hard to convince somebody to pay 'full value' when they have never done that well ... since mobile phones first became popular here about 1o yrs ago. Unfortunately, the average consumer has no idea of how much their mobile device is worth. They think that 199 is a good price for the iphone or whatever and have no idea how much they are actually paying for over the life of a 2yr contract. For example, th...
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The extra $40+ a month they are overcharging their customers to have the "expensive" devices is more than enough money to cover the cost of the phones. It doesn't look like Verizon is losing too much money to me... Next excuse please.

ETFs were too low anyway. Carriers should just charge a customer the retail (unsubsidized) price of a phone if they leave their contract early. Even $350 is too low in some cases. Who can't keep a 2 year commitment anyway besides gadget junkies who have to have the newest thing with the latest features?

Carrier pricing should be based on the local demographics they are servicing. Hollywood California should have both higher MRC's and phone pricing while Detroit should have lower MRC's because of the lower wages earned. The amount you pay is based on both the address your bill goes to and the address your phone number comes out of.

Example-
A guy that wants to pretend he's got a second house based out of Aspen CO, but really lives in St. Louis pays 2-3 times as much as if he would have gotten his number out of St. Louis.

Verizon looses money or *loses money?

...is a bunch of crap. Verizon DOES charge you $1.99 if you accidentally screw up. You DO NOT have to navigate away.

I know because it happened to me a few times before I got wise and remapped my keys.