Don’t expect to scam Verizon on BOGO deals anymore, folks. The carrier is raising early termination fees on Novermber 15 to $350 for “advance devices” only. Clearly VZW is targeting users who were abusing the buy one get one free BlackBerry deals and those that figured out that it was cheaper cancel their current contract and pay the $175 ETF than to pay full retail for the hot new handsets like the Droid.
The leaked document doesn’t exactly spell out which devices qualify as advanced, but chances are it’s any BlackBerry, Android, or Winmo handsets. The new fee does decrease every month by $10, which is a plus. So you know what this change means, right? You have a week and a half left to scam Verizon.
Sell the Droid for $500+, which is reasonable, and you’ll still turn a profit. This just means you have to have a bit more cash to scam Verizon.
But you should have to pay for the device in any case anyways, at least that’s what I think. I’d bet the Droid cost more than the original $175 anyways, so Verizon would be losing money then. So in other words, this is fair.
I have to agree; it’s fair for Verizon to expect people who pay way less than the device cost them to honor their contracts.
Jeff Yablon
President & CEO
Answer Guy and Virtual VIP Computer Support, Business Change Coaching and Virtual Assistant Services
The FCC will not take this lightly. Nor will the legislature. They’ve been warned about raising the ETF again.
Raising this fee so high is not in any way fair. If it’s about the cost of the phone, then make people give it back if they cancel their contract. Old phones still have value as warranty replacements.
Yeah…I completely agree with you and lay my faith on Verizon.
http://www.msoft-technologies.com
http://www.msoftwebtemplates.com