AfterDawn: Tech news

Verizon ending one-year contracts later this month

Written by Andre Yoskowitz @ 10 Apr 2011 7:03 User comments (7)

Verizon ending one-year contracts later this month Verizon has confirmed this weekend that it will indeed be ending one-year contracts for mobile phones starting April 17th.
Two-year contracts and monthly options will still be available.

As its reason for dropping the option, Verizon says "the greater majority" of subscribers chose two-year contracts anyway, in order to get the full subsidy for their new phone.

Verizon continues to remove consumer-friendly options, removing "New Every Two," unlimited data and now one-year contracts. New Every Two gave users a discount on phone upgrades after 20 months of their contract. Early termination fees have been increased, as well.

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7 user comments

110.4.2011 23:37

yet more proof that companies don't care for customers, they care for their pockets... they will push you until you say you want to cancel your subscription... then they will push a termination fee on you if the contract is not over... and when it is, and you still want out, that's when they "show" you how much they "care" for you... the only way for companies to learn would be for users to cancel their contracts, if enough users did without paying the early cancellation fee of course, then they would see that we do matter... god i could go on for years with this stuff if no one stops me LOL...
X_x

210.4.2011 23:47

I am not paying for anything mobile other than pre pay until they have an unlimited all in one plan for 50$ a month, fuck this 100$ + a month BS.

311.4.2011 11:46

Virgin mobile and others already have a 25 plans with data... customers talk with decision they take, left my 89 ttd on ATT for same thing on VM for 25 ,never looked back

411.4.2011 19:11

Originally posted by hglez86:
yet more proof that companies don't care for customers, they care for their pockets... they will push you until you say you want to cancel your subscription... then they will push a termination fee on you if the contract is not over... and when it is, and you still want out, that's when they "show" you how much they "care" for you... the only way for companies to learn would be for users to cancel their contracts, if enough users did without paying the early cancellation fee of course, then they would see that we do matter... god i could go on for years with this stuff if no one stops me LOL...
X_x
i agree with you, some ppl still wants to use one year instead you know, but they throw this at you so they can trap you so you dont have to pay for the "fee" to cancel your contract. I personally hate signing up for 2 year contracts. I think is dumb. If so many ppl are sub. their 2 years contracts why does it matter if the 1 year contract option still around? just keep it there and let the consumer decide by them selves!

515.4.2011 19:19

It looks like Verizon is setting the playing field up for its TMob acquisition. I am a TM customer and will NOT be participating in Verizon's greed.

622.4.2011 09:54
pontiac005
Unverified new user

Originally posted by nmr59:
It looks like Verizon is setting the playing field up for its TMob acquisition. I am a TM customer and will NOT be participating in Verizon's greed.
Didn't AT&T just purchase TMobile?

722.4.2011 16:03

Everything is subject to change.
A month ago our local newspaper ran a story about Verizon buying TMobile which made little sense because Verizon is CDMA and TMobile is 3G network.

From Sprint spokesman John Taylor:
The combination of AT&T and T-Mobile USA, if approved by the Department of Justice (DOJ) and Federal Communications Commission (FCC), would alter dramatically the structure of the communications industry. AT&T and Verizon are already by far the largest wireless providers. A combined AT&T and T-Mobile would be almost three times the size of Sprint, the third largest wireless competitor. If approved, the merger would result in a wireless industry dominated overwhelmingly by two vertically-integrated companies that control almost 80% of the US wireless post-paid market, as well as the availability and price of key inputs such as backhaul and access needed by other wireless companies to compete. The DOJ and the FCC must decide if this transaction is in the best interest of consumers and the US economy overall, and determine if innovation and robust competition would be impacted adversely and by this dramatic change in the structure of the industry.
from Larry Dignan, Editor in Chief of ZDNet, March 20, 2011

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