If you thought Verizon Wireless’s decision to double their Early Termination Fee (ETF) for “advanced devices” was a little confusing, you’re not alone. The FCC has officially requested more information on the new ETF from Verizon’s VP of Legal and External Affairs. By the looks of it, the FCC isn’t as concerned with Verizon’s $350 ETF for some wireless devices as it is with the method Verizon uses to pro-rate the ETF, how customers are notified of the changed ETF, and what the heck “advanced devices” actually means.
The FCC isn’t about telling business what to charge for their services, so don’t expect Verizon to back-track on its new ETF policy. But, you can expect the FCC to force Verizon to be more clear about how it decides to charge higher ETFs on some devices and might even push the carrier to revise its pro-rating methods. Having to pay $120 with just a month left on your contract just doesn’t sound right, does it?
[Via: PhoneDog]