Windows Phone Thoughts: Verizon To Be Fair With Early Termination? Verizon!?

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Wednesday, July 5, 2006

Verizon To Be Fair With Early Termination? Verizon!?

Posted by Janak Parekh in "NEWS" @ 07:00 AM

http://news.yahoo.com/s/ap/20060628...eless_contracts

"Targeting a top gripe by cell phone users and breaking ranks again with its industry, Verizon Wireless plans to prorate the fee it charges subscribers who break a contract so they only pay an amount proportional to the time left on their agreements. The change in the early termination fee will be implemented this fall for all new customers and any Verizon Wireless subscribers who sign a new contract...[the company] was [also] addressing another customer frustration by enabling existing subscribers to upgrade to a new handset at the same steep discounts being offered to lure new customers."

8O Verizon, of all companies, is moving to improve the cellular phone contract situation in the United States. Verizon was first to support number portability, and the remaining carriers caved in soon after; I hope this is the beginning of contract fairness for all carriers as well. It's a bigger issue for power users like us who are more likely to switch contracts. Those of you interested, though, take note: this is going to take effect sometime in the fall, and presumably not for contracts starting now. :?

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