Petition to get Verizon to dump contracts and subsidies has 75,000 signatures

Petition to get Verizon to dump contracts and subsidies has 75,000 signatures
The other day, Verizon CEO Lowell McAdam (who is the top executive of the parent company of Verizon Wireless) told customers that if they want the carrier to get rid of contracts and subsidized pricing, they should request it. Well so far, 75,000 of them have. That is the number that has signed a petition on, asking the nation's largest carrier to make the change.

Earlier on Wednesday, we told you that Verizon had made a change to its smartphone purchasing plans that would allow a customer, under certain circumstances, to pay for a device over a 12 month period. The first installment would be due at the time of purchase and the device being bought must have a retail price of $349.99 or higher. In addition, customers would be allowed to have two installment purchases going on at one time. As soon as on is paid off, another purchase could replace it.

T-Mobile recently made a change to the structure of  the data plans on its network by eliminating two-year contracts and allowing customers to leave the carrier at anytime. But even though they leave, their device may not be able to. Eliminating subsidies, T-Mobile now charges a down payment for a device with the balance paid off in monthly installments. Until the device is paid off completely, it remains locked to the T-Mobile network. As an example of how this works, for the 16GB Apple iPhone 5, T-Mobile customers put down $99.99 and pay off the balance in 24 monthly installments of $20 each.

source: via BGR



1. james1

Posts: 97; Member since: Mar 16, 2013

This might make a lot of Verizon customers switch carriers if Verizon new plan doesn't change.

35. Daftama

Posts: 641; Member since: Nov 03, 2012

I hope so they need lose about 10mill or so to realize...eventually the bigger they the harder they fall cant for the day the hit rock bottom

40. bluescreen

Posts: 154; Member since: Nov 22, 2012

i still cant figure out how doing this is going to save the consumer any money aside from the fact that u can leave at any time u want to....if i go from verizon to like say tmobile how is my cell gonna work on tmobile?

51. Larry_ThaGr81

Posts: 593; Member since: May 26, 2011

The money savings will be noticeable in the pricing difference of the plans. The idea of no longer being locked into a 2 year agreement sounds really good. Of course you have to pay the phone off first but that will be the one limiting factor as oppose to a specific amount of time that has to pass.

54. bluescreen

Posts: 154; Member since: Nov 22, 2012

so if u have no plans of leaving verizon anytime soon i can still get a 500 dollar smart phone for 200? thats all i really care about for now as i dont see going to another carrier in the near future

43. Rockbottom97

Posts: 27; Member since: Jan 08, 2013

Yes and no. Verizon Wireless is the only profitable arm of Vodafone right now with talks of Verizon Wireless buying themselves out or Verizon Wireless and ATT buying Vodofone. They might be the largest carrier but they also have the largest network. So until ATT/Sprint/TMo can match them on a quality level (ATT with HD Voice for example). But, Verizon Wireless as VoLTE waiting in the wings either this fall/winter or next year. I would love to see contracts fall I just don't think its reasonable. A rep that works for the indirect channel for ATT told me to walk through Best Buy and see how many phones are marked Free compared to the ones with a price tag. He was right, there are more FREE phones than ones you pay for. Consumers expect there Wireless carrier to pay for there device, the plan is secondary.

56. Larry_ThaGr81

Posts: 593; Member since: May 26, 2011

The FAQs page states that the Device Installment Program allows consumers to purchase a new tablet or the Samsung Galaxy Camera. WTF? Consumers want the Device Installment Program to apply to all devices.

49. jcarrigan unregistered

well the problem is if they dont change the prices even alittle to be more competetitve with the other carriers because everyone has to pay an additional fee every month for the phone they bought. I know that i am hesitant to renew my 3 lines with verizon and im thinking of just sacrificing my 4g lte speed and consistant signal for sprints affordability and unlimited data.

50. Larry_ThaGr81

Posts: 593; Member since: May 26, 2011

I know I would if I wasn't under contract and in the market for a new phone.

57. Larry_ThaGr81

Posts: 593; Member since: May 26, 2011

The sad part is they won't make any major changes until they suffer a financial setback that they can contribute to what they aren't doing that other carriers are doing.

2. stealthd unregistered

Signing a petition is easy. I highly doubt that many people would actually take the effort to switch.

47. Droiddoes unregistered

I wonder how many iof them actually understand what a subsidy is, because I really do not think they do. I think they are like 90% of the wireless customer base who just b*tch piss and moan about contracts and do not undersatnd WHY they are signing the contract. People are idiots.

58. Larry_ThaGr81

Posts: 593; Member since: May 26, 2011

If I didn't have 4 out of 5 of my lines under contract, I'd be gone already. By the end of this year I will have 3 of those 4 phones beyond their 24 months. VZW made the decision for me to stop signing two year contracts when they said I would loose my unlimited data with a new two year agreement.

3. a_merryman

Posts: 749; Member since: Dec 14, 2011

And then Verizon looked at this and said "Great idea, we will get rid of subsidies so you can pay the full price of the phone up front. But we wont lower the price of our plans....oh yeah, the phone will only have cellular bands that work on our network. Enjoy ^_^ "

9. Penny

Posts: 1869; Member since: Feb 04, 2011

^This. I don't get why people are not getting it. 75,000 of my fellow Verizon users are about to screw us all.


Posts: 4851; Member since: Apr 13, 2012

But Verizon is a brand, and expensive aswell as know for prestige users, just like Vodafone here in UK is expensive, but you get better coverage and 3G speeds are better than o2 Tmobile Orange and Virgin, 3 is also good for data. Then comes 2nd Orangeā„¢

34. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

They must have over-dosed on stupid pills.

10. 14545

Posts: 1835; Member since: Nov 22, 2011

Exactly. This is my problem with this whole ending subsidies BS. I wouldn't have an issue if I could jump to ATT/Tmo/whoever with the phone that I paid for outright. I also wouldn't have an issue if they lowered the price of the plans for not making them subsidized the phone. But noooooo, VZW won't do either. They will charge full price for the phone, and the plan, and charge me a "finance" charge for possible payments. Where Tmo gives you an "interest" free loan and service discount for buying their phones off contract. VZW just asks you to bend over and let them see how far they can get that root up you @!!.

17. MartyK

Posts: 1043; Member since: Apr 11, 2012

Wow!, someone else who see through Verizon tricks..can't believe they have the audacity to charge finance fee to buy their phone and won't lower their plans...smh This is a very greed company!.

36. Daftama

Posts: 641; Member since: Nov 03, 2012

Ppl are morons at least with tmobile phones you can resell vzw most phones you cant...they is how dump ppl are they rather pay a full price for the phone rather pay $200 foe the phone and if they want to they can at any time termation fee 350 total price 550...hmm full retail price plus interest 550-600...if your not happy than switch its the same as paying full price but screw the ones that want the two yr and lower price on phone. ...vzw always will screw theresl customer I know first I used to work for them

4. DigitalBoy05

Posts: 279; Member since: Jun 04, 2011

I've already signed it :) No contracts will make reps work harder to keep their existing customers happy which is another win for us. Its easier to tell someone to piss off when you know you have them for another year etc on their term when something goes wrong.

37. Daftama

Posts: 641; Member since: Nov 03, 2012

No sorry we work harder we could care less what type of changes they do...we still get paid. will be a higher pay out for now to make ppl pay full price than slow reduce the end we will make want we want..we got over 100mill customer do you think we will harder ppl coming wantong vzw we dont have to sell shhhhhttt

44. Rockbottom97

Posts: 27; Member since: Jan 08, 2013

Interestingly, a known fact is reps do not get credit for customers that buy full retail phones. I wonder if this that same rule would apply to them since it is up to reps to actually run the check.

5. BadAssAbe

Posts: 508; Member since: Apr 22, 2011

They should lower plan rates if there phone is fully paid off. ATT and Verizon are the worst but still not as bad as the cable companys

6. a_merryman

Posts: 749; Member since: Dec 14, 2011

Being slightly better then the cable companies is like being the skinniest kid at fat camp.

7. TheMan

Posts: 494; Member since: Sep 21, 2012

I'm still not convinced that this is a win for customers. For one thing, the VZW CEO sounds too eager to switch. The economics in subsidizing iPhone purchases has already been shown to not favor carriers, so shifting the burden to consumers whether by not subsidizing purchases or by delaying upgrade eligibility is a win for them. Second, when I run the numbers for my TMO customers, too often the monthly payout is the same whether no-contract or not, thanks to the equipment installment plan. Plus, until 24 months elapse it costs more to leave TMO with a non-contract than a contract plan (assumes you've bought a decent smartphone and paying $20/mo over 24 months), Bottom line: No contract is an advantage for those who bring their own device or like to keep a device over 2 years. Basically, this won't be a consumer advantage until consumers have more freedom with their phone choices (buying and selecting) or until carriers get out of the device business. As if Verizon will let that happen anytime soon.

8. Hemlocke unregistered

Don't single out the iPhone. The Android flagships are just as expensive, if not more expensive.

11. dok2005

Posts: 55; Member since: Apr 18, 2012

if not more expensive please point out more expensive android phones than iphones i mean yes the parts are more expensive but the price please cite examples

38. Daftama

Posts: 641; Member since: Nov 03, 2012

Samsung note 2

46. downphoenix

Posts: 3165; Member since: Jun 19, 2010

MSRP is same as the Iphone 5.

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