The folks over at Verizon Wireless might be sweating a little over the FCC’s recent interest in their ETF (early termination fees). The fact that Verizon Wireless recently doubled some of its early termination fees probably doesn’t put the company in favorable light either. One of the questions the FCC has posed include “if a customer cancels a two-year contract after 23 months, the customer would still owe an ETF if $120. Is this correct? If the ETF is meant to recoup the wholesale cost of the phone over the life of the contract, why does a $120 ETF apply?” Check out more details on this issue and the questions here [PDF link].
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Seen at: arstechnica 
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Verizon Verizon Communications Inc is a broadband and telecommunications company. It is mainly known for its Verizon Wireless division which is the largest wireless carrier in the United States, and one of the largest in the world. Verizon Wireless has traditionally used CDMA technology and was the first U.S carrier to deploy a 4G LTE network (Long Term Evolution). Learn more about U.S 4G Networks.
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