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Verizon Tells FCC Exit-Fee Hike Reflects Higher Costs (NewsFactor)

Posted by devsource360 on 22 December, 2009
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NewsFactor – Verizon Wireless said it increased its early termination fee (ETF) last month to reflect the substantially higher costs and risks the company faces when subscribers buying heavily subsidized smartphones and other advanced mobile devices exit two-year contracts early. The wireless carrier also told the Federal Communications Commission on Friday that ETFs help promote the commission’s goal of fostering greater adoption and use of mobile broadband services.






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