"So, Verizon, about those doubled early termination fees..."

"So, Verizon, about those doubled early termination fees..."

The FCC wants a "more complete understanding" of why Verizon Wireless recently doubled its early termination fees on smartphones. Is it really just about recouping costs? And if so, why would people on a two-year contract still owe $120 after 23 months?

By Nate Anderson | Last updated December 6, 2009 6:00 PM

The FCC has been asking plenty of "innocent questions" lately about the mobile space. It doesn't threaten any direct action against companies like AT&T and Apple, it just wants "a more complete understanding" of some situations. But those questions usually get results.

Read more...
http://arstechnica.com/tech-policy/news/2009/12/so-verizon-about-those-doubled-early-termination-fees.ars

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