Verizon to raise early termination fees for ‘advanced devices’


Boy Genius Report

Aside from the cost of the device and the expensive monthly plan, you might have to face an additional charge just for the privilege of getting a smartphone.

According to a document found by the Boy Genius Report, Verizon Wireless has raised its $175 early termination fee to a whopping $350 specifically for “advanced devices,” which probably includes all smartphones. The termination fee won’t stay at $350 however: the sum will decrease by $10 for every month of service.

This isn’t exactly painting Verizon Wireless in a positive light here, though we suspect it’s just a way for the carrier to prevent customers from dropping a phone and selling it for a premium on eBay or Craigslist. The new $350 ETF will go into effect on November 15.

Check Also

8 New Google Products We Expect to See This Year

Google’s device line could end up having a particularly important moment in 2023. The company usually announces new Pixel products throughout the year. Google is expected to release its first foldable phone this year, however, which would directly compete with Samsung’s proven line of Galaxy Z Fold devices. Google also introduced its own ChatGPT rival, …

Leave a Reply