Search:  

 
 
   All ForumsHot TopicsGallery






how-to block ads


 
Forums » Leaked Verizon Memo: Stop Saying 'Unlimited' » About time!!
Uniqs:
155
Share Topic:
RSS topic:
toggle:
flat / full
normal / watch
Post a:
Post a:
Increase speeds and volume; but cut costs »
« 150 Gigs  
taar

join:2000-11-21

About time!!

I guess the constant threat of a class action over their description of "unlimited" finally scared them straight.

pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

Re: About time!!

said by taar See Profile :

I guess the constant threat of a class action over their description of "unlimited" finally scared them straight.
Companies do not fear class action lawsuits. They are almost always able to structure the settlements so that they end up winning in the end. If Verizon were to be sued over this "unlimited" BS, the settlement would probably have a few hundred million in cash going to the lawyers, and a bunch of coupons for discounts on future Verizon service going to the class members.

The "costs" of these coupons will be written off as business expenses, and the members of the class would have to pay Verizon more money to realize the benefit of these things.

A real punishment would have been government action against Verizon for false advertising. If heavy fines resulted from such action, then it would force Verizon to raise its rates, and make it a less attractive wireless broadband solution for potential customers.
--
Only SHATNER is Kirk.

morbo
Complete Your Transaction

join:2002-01-22
00000
clubs:

Re: About time!!

a few hundred million for lawyers isn't chump change. they will feel it, but not as bad.

tc1uscg

join:2005-03-09
Saint Clair Shores, MI
With VZ winning part of the GSA contract.. Think the govt will look the other way.
Forums » Leaked Verizon Memo: Stop Saying 'Unlimited'Increase speeds and volume; but cut costs »
« 150 Gigs  


Saturday, 05-Dec 14:39:18 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.
page compression OFF
Most commented news this week
· [163] Comcast Releasing Promised Usage Meter
· [147] Avast Antivirus Has Gone Mad
· [127] Comcast Makes NBC Universal Acquisition Official
· [104] Graduate Student Unveils Sprint's GPS Sharing With Feds
· [101] Google Invades ISP, OpenDNS Turf With Google Public DNS
· [99] The Bandwidth Hog Does Not Exist
· [85] FCC Ponders Moving From PSTN To IP Voice
· [81] Latest Consumer Reports Survey Not Kind To AT&T
· [80] New Bill Aims To Limit ETFs
· [74] Sprint Defuses GPS Privacy Media Bomb
Most people now reading
· False positive in Avast! or is it real? [Security]
· Wife might have to work in.... Iowa for a few months!!! [General Questions]
· First commercial tool to crack BitLocker arrives (Updated) [Security]
· 3.x Feral Druid - Bear Tanking Guide [World of Warcraft]
· Windows 7 boot manager editing questions [Microsoft Help]
· DNS options, what are YOU using? [TekSavvy]
· [HD] DirecTv 200 HD's?! [Verizon FIOS TV]
· HughesNet MUST be held accountable, let's unite, CLASSACTION [HughesNet Satellite]
· Farewell [Bell Canada]
· delete [Security]