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"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 $350 ETF for "advanced" devices (read: probably anything deemed a smartphone). The newly hiked rate will go into effect on November 15th, and while that $350 will decrease by $10 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."
it has nothing to do with the IPhone.. it has to do with people buying storms.. unlocking them and reselling them for much more
Yah but unfortunately now all of us have to eat the crap on this cause it'll cost for the phone if we ditch it after one year. Which most of us don't keep a phone for more than 2 years these days.
How can smartphones cost more than a netbook? Cellular pricing is getting ridiculous and so are the phone costs.
i thought a law passed saying no early termination fees could be charged by cell companies? musta been a rumor
Nahh man cell phone companies would loose so much since people would buy cheap phones unlock and sell. They give u the phone cheap so u stay with them for the whole time, paying the phone back as a part of ur service
Nahh man cell phone companies would loose so much since people would buy cheap phones unlock and sell. They give u the phone cheap so u stay with them for the whole time, paying the phone back as a part of ur service
I have Att. The iPhone is normaly $600, I sigh a 2yr commitment and the phone cost me $200 instead. Over the course of the 2 yrs, the company will make there money back on the phone, without a termination fee, people would buythese phones and sell them and have no reason to keep the service. Will never happen. ETF are here to stay
Nahh man cell phone companies would loose so much since people would buy cheap phones unlock and sell. They give u the phone cheap so u stay with them for the whole time, paying the phone back as a part of ur service
It seems as though everybody is trying to make a buck these days... Airlines charging an arm and a leg for extra baggage... Verizon pulling this crap with an early termination fee... With the way the economy is, most people can't catch a break these days. Bastids...
__________________ I NEVER LIE TO ANY MAN BECAUSE I DON'T FEAR ANYONE. THE ONLY TIME YOU LIE IS WHEN YOU ARE AFRAID. - JOHN GOTTI
Last edited by _STEVEO_01; 11-05-2009 at 01:03 AM.
I don't see a problem with the ETF being higher. Only "advanced" (expensive) devices will carry the increased ETF, which means that Verizon will still be able to do their Buy one Get one deals on great handsets.
If you don't like it, there's always other carriers to go to. If enough people defect over it, they will lower the ETF. It all works out in the end one way or another.
Just a word of caution to anyone out there with an itchy credit card finger: signing up for a contract with Verizon just became a considerably more binding affair thanks to a big boost of its contract early termination fee from $175 to $350. Rumored for a few days now, the change became official as of yesterday, which means that anyone who bought an "advanced device" prior to the 14th is in the clear. The advanced device list can be found on Verizon's site, and as you might expect, it's a little broad and ridiculous -- winners like the Versa, Exilim, and Glyde are on there, so they're obviously not just referring to smartphones. They throw you a bone by reducing the ETF by a stout $10 for every month of the contract you successfully hurdle, but that still leaves you with a $120 ETF 23 months into a 24-month deal... so yeah, just be careful out there and don't do anything rash, alright?
Look for some of the other wireless carriers to do away completely with ETF charges unless, you buy the phones directly from the carrier. Look to see the US market copying the European market where very few customers have contracts and use prepaid wireless mins with the ability to roam on other networks and purchase the phones they want outside of the wireless providers. This day has been coming for some time now. T-Mobile is starting this process now in time for the holidays.
__________________ chewwwy momma, hot diggety & shazam, be manly & have a good day.