Wednesday, November 15, 2006

Verizon Announces Variable Early Termination Fee (ETF)

Verizon announces the end to the $175 Early Termination Fee. The Early Termination Fee starts at $175 and for every month that you complete, you subtract $5 from the fee. So, if you are 22 months into a 24 month contract, instead of paying $175 to "get out early", you only pay $65.

We think this is a great idea and we think consumers will agree.

Lets see how long it takes before other carriers match this move.

Discuss on