FCC chief presents plan for early termination fee
source: http://www.efluxmedia.com/news_FCC_Chief_Presents_Plan_for_Early_Termination_Fee_19009.html
-
-
- merasyad
- added this
Kevin Martin, the chairman of the Federal Communications Commission, has announced a plan that will regulate the early termination fees that wireless carriers charge their subscribers when they want to give up a contract.
Over the last few years there have been numerous complaints from people who have been charged fees amounting from $150 to $200 when they have announced their mobile phone providers that they want to cancel their contracts with them. Advocacy groups think that this sort of policy forces people into keeping a contract with a company they would normally leave.
If Martin’s plan will be adopted, people will still have to pay an early termination fee, but this time its value will vary depending on the price of the phone that had been bought by the subscriber when he or she closed the contract with the carrier. What is more, the longer the subscriber will remain in the network, the less he should pay when he chooses to change the wireless carrier.
Over the last few years there have been numerous complaints from people who have been charged fees amounting from $150 to $200 when they have announced their mobile phone providers that they want to cancel their contracts with them. Advocacy groups think that this sort of policy forces people into keeping a contract with a company they would normally leave.
If Martin’s plan will be adopted, people will still have to pay an early termination fee, but this time its value will vary depending on the price of the phone that had been bought by the subscriber when he or she closed the contract with the carrier. What is more, the longer the subscriber will remain in the network, the less he should pay when he chooses to change the wireless carrier.
-
- groups:
- Community, News and Politics, Tech, Mobile Phones
-
- tags:
- News, News and Politics, Tech, Technology, 5 more
-
-
GreenLady420
-
Its true the termination fees are ridiculous! But paying too much just because its "company policy" takes the cake. They should kind of regulate this without having it becoming a problem for the wireless company financially.
- 3 years ago
-
GreenLady420
