Verizon Wireless to FCC: smart phones more costly

(AP) -- Verizon Wireless says it started charging customers more to break service contracts for smart phones because those devices cost much more.

Verizon says the difference between what it pays manufacturers for phones and what it charges contract customers is more than twice as large for "smart" phones as it is for standard cell phones.

The explanation Friday comes in response to an inquiry from the on why the carrier doubled the fees it charges customers to break service contracts on "smart" phones.

In November, the carrier doubled the maximum early termination fee for such devices to $350 from $175.


Explore further

FCC asks Verizon Wireless to explain fees

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Citation: Verizon Wireless to FCC: smart phones more costly (2009, December 18) retrieved 18 September 2021 from https://phys.org/news/2009-12-verizon-wireless-fcc-smart-costly.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors