Verizon upping cancel fees for smartphone owners

Nov 4th 2009
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Wireless provider Verizon is poised to double its Early Termination Fee (ETF) for contracts associated with smartphone devices. Leaked documents show that it will now cost $350 instead of $175 starting on November 15th if subscribers end their contracts immediately, although each month of the contract served will decrease that fee by $10. While it is not known which devices this new higher fee will apply to, it is likely to be all smartphones offered by Verizon, including BlackBerries and the upcoming Android-powered Droid from Motorola….

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