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Kearnstd
Elf Wizard
Premium
join:2002-01-22
Mullica Hill, NJ

why is there an ETF?

i understand the termination fees when you get that semi free phone(always figured the ETF was to cover the cost of the phone) but i imagine that iPhone buyers are paying the full retail value.
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports


dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4

said by Kearnstd:

i understand the termination fees when you get that semi free phone(always figured the ETF was to cover the cost of the phone) but i imagine that iPhone buyers are paying the full retail value.
Well it *is* cingular(ATTs) network
theres money in them thar' ETFs!
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You can never be too rich, too thin or have too much Bandwidth


manfmmd
Premium
join:2003-01-14
Earth, TX
Reviews:
·AT&T Southwest
·CMA Access

reply to Kearnstd

said by Kearnstd:

i understand the termination fees when you get that semi free phone(always figured the ETF was to cover the cost of the phone) but i imagine that iPhone buyers are paying the full retail value.
The ETF covers part of the lost revenue from the broken CONTRACT between AT&T and the customer. The main difference in most cases is the length of the contract and the price of the phone...Cheap(er) or free phone, 2 year contract vs. pay full price for the phone and no contract.
--
No entrada ilegal en los Estados Unidos de América.

Kearnstd
Elf Wizard
Premium
join:2002-01-22
Mullica Hill, NJ

reply to Kearnstd
ahh so really not much different then when banks have early closure fees on a big loan to recover lost money that would have been gained in interest if the loan was allowed to run in full.
--
[65 Arcanist]Filan(High Elf) Zone: Broadband Reports


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