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.
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.
Dec 21, 2009
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