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Leaked internal document confirms Verizon will hike ETF

Leaked internal document confirms Verizon will hike ETF

Posted: 04 Nov 2009, 03:53, by Alan F.

Categories: Verizon Verizon Unofficial Unofficial Bookmark

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This article contains unofficial information.

Leaked internal document confirms Verizon will hike ETF

Yesterday we passed along to you a report that Verizon was going to raise their ETF on high end handsets. Today, there is confirmation of Verizon's plans in the form of a leaked internal document that BGR was able to obtain from a tipster. Starting on November 15th, those who buy an advanced handset will have to pay an ETF of $350. Every month that the line stays open, the fee will drop by $10, not the $5 we had heard on Tuesday. The wireless operator is hoping that such a prohibitive fee will prevent people from taking advantage of Verizons BOGO programs to sell an extra device on eBay while canceling the second unwanted phone line. Of course, if you are the type that sticks to a signed contract, then you really have nothing to worry about. For the rest, it looks like Verizon means business so perhaps you should think twice before running a scheme on them.

source: BGR

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1. theman414 posted on 20 Oct 2010, 01:44 0 0

And I thought Verizon was turning the corner on their money hungry ways. I guess I was fooled. If your thinking about leaving better do it now before you get a new phone and contract!

5. commonsense posted on 04 Nov 2009, 10:27 0 0

money hungry? sounds more like commonsense to avoid scammers and keep good promos going for consumers that really do benefit from BOGOs. last time i check, verizon is a FOR-PROFIT company. unless you work for a NON-Profit company, protecting your subsidies and revenues is how to stay in business.

7. theman414 posted on 04 Nov 2009, 11:44 0 0

Then why don't they limit the crazy 350 ETF fee to customers who utilize the BOGO offer instead of sticking it to everyone?

12. vzwtechbill posted on 04 Nov 2009, 15:59 0 0

if it's so crazy, don't buy a smartphone from VZW, prob solved

20. theman414 posted on 04 Nov 2009, 18:53 0 0

Your right! I paid my early termination fee earlier this year and got the iPhone just like countless other ppl.

23. E.N. posted on 04 Nov 2009, 20:49 0 0

Yup. I'm glad the early termination fee was only $175 when I left Verizon for my iPhone 3G.

24. vzwtechbill posted on 04 Nov 2009, 21:33 0 0

enjoy your 22% drop call rate

26. theman414 posted on 04 Nov 2009, 21:42 0 0

I'm enjoying my lower phone bill! I'll have to ask all the other ppl I know who dropped Verizon if they have dropped calls but none here haha

27. YouLostTheGame posted on 04 Nov 2009, 21:49 0 0

VZW and ATT price points are identical. So how do you now have a "lower phone bill"? Unless you went with a voice plan with less minutes, but that would just make your point moot.

29. theman414 posted on 04 Nov 2009, 21:59 0 0

I get a good company discount, and Verizon didn't always charge $30 for their data plan. http://www.engadgetmobile.com/2008/04/14/verizon-wireless-announces-30-unlimited-browsing-plan-f or-smart/

2. puggunit posted on 04 Nov 2009, 08:55 0 0

for advanced phones. They lowered their deposit to 75 and 125. It is a way to stop people from causing stores,like mines, to lose money with deactivations. Its a good idea.

15. VGirl posted on 04 Nov 2009, 17:13 0 0

What about people that dont require a deposti

3. jrg11 posted on 04 Nov 2009, 09:57 0 0

I'm wondering how this is gonna work for the netbooks since it only says advanced devices. Can't beat a $175 computer...

4. xmguy1 posted on 04 Nov 2009, 10:14 0 0

If I did my math correctly. If you run the 23 months out of a 24 month contract then getting $10 knocked off the ETF you will still be paying $120. That's dropping ONE MONTH BEFORE CONTRACT ENDS! RIP OFF!!

10. Onomatopoeia posted on 04 Nov 2009, 14:14 0 0

Then pay for your last month!

13. vzwtechbill posted on 04 Nov 2009, 16:01 0 0

And yet you don't complain that if you drop out 1 month before on a regular phone, you pay a $60 ETF....

6. rwolf1984 posted on 04 Nov 2009, 11:22 0 0

VZW must have had a lot of fraud during the Blackberry BOGO. . .This is hopefully going to detour people from scamming. If you don't like it switch to T-Mobile. They have buy a out right option. . .Buyer Beware T-Mobile is likely to lose your data as well as lose service nation wide for hours at a time. . .hahahaha

8. Homotechual posted on 04 Nov 2009, 11:55 0 0

If I remember correctly verizon had a huge outage not to long ago....oh and the data thing was microsofts fault. So please get over yourself and do your homework before u make retarded comments. Have fun paying up the a with verizon haha

11. Onomatopoeia posted on 04 Nov 2009, 14:16 0 0

Kinda ironic with Tmobiles outage yesterday...Oh and if we're blame shifting; you're probably referring to a BIS outage which is obviously not Verizon.

9. *HOVA* posted on 04 Nov 2009, 13:36 0 0

What's even more interesting through all this is that they made this hike first. I would've expected it to be ATT since they hold more smarthphone users then VZW. Oh, and for all you fanboys?? ATT also has MORE net post-paid customers then VZW. Bet you didn't know that. If it weren't for their prepaid combined, they would NOT be the largest carrier in the US.