Reviews:
 ·Verizon FiOS
| reply to iansltx
Re: Whats next? I thought the reason for the high ETF was for the churn of folks that get the phones cheap, cancel, then turnaround for a profit on ebay. Yes?
Because the phone is subsidized (Say the phone is $400) over the plan's 24 month period ($600-$2000 depending on the plan/feature), that is alot of money projected. So Verizon is basically saying, "look, we make 150-500% profit on this item. If we allow a consumer to take the phone and bail before we break even, we lose.
For this reason, make the ETF higher.
However, isn't this a small percent of phone contracts? And ironic that every carrier copies the other's moves? Just like data plans (Gee, every freakin carrier made data plans mandatory if the phone had a keyboard).
Once the Fed steps in, its bad for US. Yet, when we need them, they still do a crappy job (remind me about how credit card rates tripled in August...)
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Splat |
