Verizon Introduces $350 ETF

Were you thinking of registering a second line with Verizon, get a brand new BlackBerry Tour or Storm 2 and then flog it off on eBay? Well, it looks like Verizon has caught on with the game, and introduced an ETF (Early Termination Fee) of $350 on “advanced devices”. The ETF will be reduced by $10 for each month of service completed, so it’s not all that draconian, but it will serve to deter folks from registering just to sell the phone. You have to admit, it’s surprising that they’ve taken this long to introduce an ETF, don’t you think?