Sprint holds the line on ETF charges

Sprint holds the line on ETF charges
In a short tweet, Sprint has told the world that it will not follow Verizon and raise it's ETF. As previously reported, Verizon, the nation's larget cellular operator, has decided to double it's ETF to $350 in an attempt to prevent customers from using BOGO promotions to profit off the company. For example, in the current Big Red promotion, a person can buy one BlackBerry Storm2 and get a second one free. The free phone is then put on sale at eBay and the line for it is canceled. By raising the ETF, Verizon hopes to remove the incentive to do this and protect itself from money it loses when it essentially is giving away a new model phone for free.

Sprint's ETF is $200 which is applied to an account that is canceled prior to the end of the one or two year contract that the customer signed. On contracts signed after November 2, 2008, the pin-dropping network reduces the ETF $10 every month starting with the fifth month, until it drops down to the $50 minimum. On contracts signed before that date, the ETF remains at $200 until the terms of the contract signed are completed.

source: Sprint


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17 Comments

1. JackFace

Posts: 190; Member since: Nov 03, 2009

AT&T will as well. And, T-Mobile doesn't need an ETF anymore, do they? :P So, with this said, Verizon will be the only major carrier with crazy, yet understandable, ETFs.

2. Iphoneisthesuck

Posts: 59; Member since: Oct 13, 2009

I bet you have Verizon. I bet youd agree to whatever scheme theyll have...just because theyre "the greatest provider" Instead of making a better service, or having better prices for plans and features...they sell crap phones with the BOGO promo to get more people. So it makes sense to me to sell those junk phones to people who want "Big Red".....

3. JackFace

Posts: 190; Member since: Nov 03, 2009

Buddy, I have an iPhone, and I have AT&T. Nice try though. I only agree with the ETF based on a Smart Phone BOGO. But, that would be very difficult to maintain and regulate if you had customer possible returning one of the BOGO phones and so forth. There are other variables that would affect the ability for Verizon to regulate, which they love doing, a BOGO only ETF. So, they do it for all Smartphones. I can understand the why, I just think it sucks for those who "have" or "need" to cancel service with this kind of ETF.

5. Iphoneisthesuck

Posts: 59; Member since: Oct 13, 2009

I apologize

7. JackFace

Posts: 190; Member since: Nov 03, 2009

Hehe... No worries. I just think it is ironic with your name, then thinking I am with Verizon, and I have an iPhone.. haha! Just funny.

9. Iphoneisthesuck

Posts: 59; Member since: Oct 13, 2009

I like the iphone.....i honestly do. Just not a fan of the coverage. I have neither Verizon or ATT.

16. AZNphoneGeek

Posts: 200; Member since: May 15, 2009

back to Jackface's first post... makes as much sense as the followint statements: -Buddy, I have an iPhone, and I have AT&T and i like fishsticks -Buddy, I have an iPhone, and I have AT&T and my favorite flavor is burning -Buddy, I have an iPhone, and I have AT&T my dog likes to lick it's balls

17. AZNphoneGeek

Posts: 200; Member since: May 15, 2009

oh wait, you have an iPhone, you must know what you'er talking about

4. Mateo8326

Posts: 472; Member since: Jul 15, 2009

wow verzion way to lock in your customers for life, good tactic lol. Sike! Nice excuse though, let see if they tell all there customers that or just wait til someone decides to leave there service. LOL grimmey but business smart on there part

6. cellhead unregistered

Hey Mateo...just run to the government. Big brother will make everything right commrade. Everything will be regulated & run by Obama soon anyways.

10. cuddybonz

Posts: 45; Member since: Nov 06, 2009

Idiotic statement of the day...

8. videobandit

Posts: 26; Member since: Jun 17, 2009

The 350 ETF is only for smartphones. You can still get a dumbphone with a $175 ETF

11. cuddybonz

Posts: 45; Member since: Nov 06, 2009

With the most expensive plans on the market and now an outrageous ETF why anyone wants to be on Verizon is beyond me. Another smart move for Sprint.

12. RetailmanIA2.0

Posts: 2; Member since: Nov 06, 2009

U knuckleheads that dont get the $350 ETFs are probably the self involved individuals that activate the extra line to get the smartphone BOGO only to sell on eBay then use part of your ill gained profits to pay your $175 ETF. Sprint and ATT will cave eventually because it makes sound business sense to deploy this policy as a deterent to those that always feel the need to cheat the system.

13. bokfu74

Posts: 10; Member since: Feb 12, 2009

And you sound like you sell phones for Al Qaeda mobile...too much hostility man! Self involved individuals?

14. freshprince130

Posts: 5; Member since: Nov 07, 2009

Verizon made a stupid move. Sprint smart one, the way sprint works is if the phone is purchased at the discounted rate and cancelled unless it is returned the account gets charged the full price of the phone. Not sure why verizon thinks its rocket science to do the same. The line they are feeding you about BOGO is BS! They just wanna get more money out of the idiots that pay more then any other company, The tech is CDMA which is the same tech sprint offers. Oh well hopefully At&t will follow because they have those iphone idiots(see them all the time "i want a iphone my friend has it, my cousin has it, my aunt has it" STFU think for yourselves every now and then

15. traedmark

Posts: 11; Member since: Sep 30, 2009

Good for Sprint. I mean they only lost 1.25 million customers 1Q 2009, and 991000 2Q 2009,as seen on http://news.cnet.com/8301-1035_3-10298335-94.html, and their stock is trading at under $3.00 a share. I guess when you have nothing to lose, you have nothing to lose.

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