Verizon Wireless, under regulatory scrutiny for raising early termination fees, said on Friday those charges are reasonable because costs for offering advanced handsets has increased. Verizon increased their ETF from $175 to $350 on some smartphones. A customer who cancels their two-year contract after 23 months still owes Verizon $120. Verizon Wireless still incurs a
submitted by
DailyWireless on 18th Dec 2009 (via dailywireless.org)
Verizon Wireless defended its move to double its early termination fees (ETFs) on smartphones, saying the move lowers pricing barriers for consumers who want more sophisticated devices and help it recoup the higher marketing costs to sell more advanced devices. Verizon's explanation comes in response to a query from the Federal Communications Commission (FCC). Verizon recently doubled its ETF...
submitted by
FierceMobileIT on 23rd Dec 2009 (via fiercemobileit.com)
Over in the States, the Big Red has decided to double their early termination fees for those customers who end their wireless contracts before they run out and apparently according to an article over on pcworld, the FCC is already investigating and have sent a letter to Verizon Wireless on the matter. Apparently the FCC have
submitted by
PhonesReview on 7th Dec 2009 (via phonesreview.co.uk)
Verizon Wireless has filed a lengthy response to the Federal Communications Commissions inquiry into Verizons recent changes to its ETF policy. The FCC asked Verizon to explain the reasoning behind the increase in early termination fees from $175 to $350 for what Verizon terms advanced devices. Verizon claims that this increased ETF helps the company
submitted by
HotCellularPhone on 19th Dec 2009 (via hotcellularphone.com)
The FCC and several wireless network operators are in discussions over early termination fees. Though most of the carriers have adopted a prorated ETF policy recently, Verizon Wireless, among others, is hoping to standardize ETFs across the industry. The ...
submitted by
PhoneScoop on 21st May 2008 (via phonescoop.com)
At today's FCC hearing, Verizon Wireless testified that the wireless industry would be better off if the FCC devised a nationwide policy on early termination fees instead of allowing states to ...
submitted by
FierceWireless on 12th Jun 2008 (via fiercewireless.com)
Following the previous FCC inquiry, AT&T, Sprint, T-Mobile and Verizon Wireless along with Google have once again responded to the FCCs ETF inquiry by stating their defense of early termination fees. All four carriers and Google filed their respective official responses on Feb. 23, stating that customers are already well informed about ETFs before committing to
submitted by
PhoneNewsCom on 24th Feb 2010 (via phonenews.com)
Mignon Clyburn, a member of the Federal Communications Commission, has called Verizon's official response to the FCC's query into the companies' recently revised early termination fees "unsatisfying" and "troubling." In November, Verizon Wireless doubled the ETFs for advanced devices ...
submitted by
PhoneScoop on 24th Dec 2009 (via phonescoop.com)
Verizon Wireless has filed a lengthy response to the Federal Communications Commission's inquiry into Verizon's recent changes to its ETF policy. The FCC asked Verizon to explain the reasoning behind the increase in early termination fees from $175 to ...
submitted by
PhoneScoop on 18th Dec 2009 (via phonescoop.com)