Verizon To Double Early Termination Fee

Posted by: Kutty on November 04 2009.

Well this sucks. Looks like Verizon is not content with being the most expensive carrier in the United States. There is a RUMOR that as of 11/15, they will be doubling their early termination fee to $350. It looks as if this is to stop those shady folks that sign up for contracts and then sale the phones on ebay for a little cash. Sounds like a lot of work for me. As a gesture of good will, it looks like they will take $10 off that fee every month. Based on a 2 year contract, you will still be paying $110 if you want to cancel in the 23rd month. These carriers are insanely greedy.

[BGR]

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8916One ResponseVerizon+To+Double+Early+Termination+Fee2009-11-04+15%3A54%3A43Kutty to “Verizon To Double Early Termination Fee”

sil says:

November 9, 2009 at 9:05 pm

i actually love verizon…. its too bad that i no longer have service with them (damn, iphone and bb bold). thier coverage is better, costumer service is great, and thier plans are pretty good (speaking from exp)! i remenber when i first signed up with verizon, thats what their ETF was, so its not a big deal that they're going back to that! i guess this will teach ppl not to keep doing what they do. And verizon makes up for that cost in other areas of service.

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