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Verizon Pro-rates the ETF?? Nice!

SystemShock

Jun 14, 2007, 5:57 PM
Just found out today that Verizon pro-rates the ETF. Very nice... are they the only major carrier who does that right now? When did this go into effect?

Of course, the ETF going down only 5 bucks per month isn't much, especially on 1-yr contracts, but it does show that they're confident you'll stick with 'em.

I'd be really surprised if Sprint does this currently, without any major catches. đŸ˜ŗ
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robtheman

Jun 14, 2007, 6:09 PM
I really think that for the average customer, Verizon is the best carrier. They focus mostly on coverage so that people can make and receive calls. There are other phones with lots of toys and gadgets, but the average person doesn't really need that stuff. Some of them use it, but it's not really that important.

Having said that, I think that Verizon really markets to the majority of people. There will be people that are extremely dissatisfied with them, but for the most part, they will keep customers so they don't need to worry about the prorated ETF or paying for people's minutes to try them out or whatever other promotions they happen to have going.
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dc1225

Jun 14, 2007, 9:45 PM
rob i agree with you. i tried to leave vzw cuz i wanted the pearl and save a lil $$$ and also they pissed me off by when i tried to chnge my minutes plan they want to add dam year of contract.... but i came back to vzw cuz i've never had sooo many people say "huh" "what" so many dam times it was driving me nutz...

im in chicago and by far vzw has the best network...right now i got the vzw8830 but i think im returning it and getting the palm 700wx
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robtheman

Jun 14, 2007, 10:12 PM
I like both of those a lot. I think I'd actually prefer the 8830, but I can see the appeal in the Treo.
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dc1225

Jun 14, 2007, 10:22 PM
yeah if that 8830 had the camera, no question....but that camera thing is killing me!
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wfine81

Jun 14, 2007, 6:10 PM
This went into effect about 6 months ago, where ya been dog? đŸ¤Ŗ
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SystemShock

Jun 14, 2007, 7:53 PM
Guess I paid it no mind 'cuz my contract's not up 'til November. Still, it's nice. Surprised they don't advertise it more... "we're so confident that you'll like us that..." 😎
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wfine81

Jun 14, 2007, 7:58 PM
true, im just suprised at you, being a regular, you must have been absent that week, it was heavily discussed here on phonescoop. No sweat bro, its all good
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dave73

Jun 14, 2007, 9:11 PM
I forgot which states mandate pro-rated ETF's, but to my knowledge, Verizon Wireless is the only carrier that pro-rates ETF's nationally. I however won't have the pro-rated ETF until my next upgrade â˜šī¸ .
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dc1225

Jun 14, 2007, 9:51 PM
pardon my ignorance but what is prorated ETF?
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Lapdog

Jun 14, 2007, 10:31 PM
ETF = Early Termination Fee

for every month you're under contract, VZW takes away $5 from the beginning $175 ETF...so if you're on month 6 of a 24 month contract and cancel, you're charged $145 instead of $175...

If you're with another carrier, if you cancel 4 days before your contract end date, you're still charged the whole ETF...
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LordObento

Jun 14, 2007, 10:33 PM
Of course this is only for people who started or renew their contract after the Nov 06 start date when this went into effect
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Lapdog

Jun 15, 2007, 9:30 AM
yes, you are correct...
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exoduz

Jun 15, 2007, 3:54 PM
Verizon is the only carrier doing this and it applies to all contracts signed on or after Nov. 16th 2006.
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amartins02

Jun 15, 2007, 4:18 PM
OK. So my gf might go to Cingular for the iPhone. I might go to because I need the M2M. My contract is over in one year and I don't qualify for the prorated etf.

But if I do an early upgrade and get the promo price for a phone and the new prorated etf and cancel a couple of months later technically my etf is $10 less and I can sell the phone and hopefully get more than what I paid for it.

I might not sell it until I try the Cingular network and make sure I get good reception and non dropped calls 🙄 (eastern New England and Boston area) but does that sound plausible?
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