Verizon looking to bump early termination fee to $350 on ‘advanced’ devices

Filed under: Verizon Wireless, Misc

You know what’s worse than showing your Bitter Beer Face to the world after you passed on Apple’s iPhone and let AT&T enjoy the spoils? Raising your early termination fee to stratospheric heights. Just over a year ago, we honestly though this whole ETF thing was headed in the right direction, as most of the major carriers (VZW included) sought to prorate contracts in order to lessen the charge as one’s contract drew closer to an end. Now, however, Big Red is evidently gearing up to pull a 180, with the slide above showing a 0 ETF for “advanced” devices (read: probably anything deemed a smartphone). The newly hiked rate will go into effect on November 15th, and while that 0 will decrease by per month over the life of the agreement, this pretty much guarantees that you won’t be adding a line, disconnecting and then flipping that phone on eBay.

Verizon looking to bump early termination fee to 0 on ‘advanced’ devices originally appeared on Engadget Mobile on Wed, 04 Nov 2009 08:42:00 EST. Please see our terms for use of feeds.

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