Verizon Defends Cancellation Fees

The largest U.S. carrier said doubling its early termination fee was necessary to reduce consumers' costs for sophisticated devices like the Storm 2 or Motorola Droid.

InformationWeek
Dec 21, 2009
In a response to a probe by the Federal Communications Commission, Verizon Wireless said its raised early termination fees are necessary to get advanced devices like smartphones to consumers at reasonable prices.

SOURCE

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