Monday, December 21, 2009

Verizon's Reason for Doubling their Contract Termination Fee:

I'm going to quote an article from this link:
http://hosted.ap.org/dynamic/stories/U/US_TEC_FCC_VERIZON_CHARGES?SITE=WWJAM&SECTION=HOME&TEMPLATE=DEFAULT

Verizon's reason for doubling their Termination of Contract fee? : "The carrier added that it makes "significant ongoing investments" in the broadband data networks and services that allow customers to use these phones. Those investments "are put at risk when customers fail to fulfill a contractual term," the company said.

Some people have asked my opinion on the matter.

My response: Doing business is all about taking risks, you a-holes.