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Verizon increases early termination fee: The Real Deal


Last Update: 11/05 6:16 pm
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Syracuse (WSYR-TV) - Verizon Wireless customers with "advanced" cell phones, will see a much higher early termination fee when they renew their contracts.

If you're signing a new contract for an Android or Blackberry cell phone or a Windows Mobile or Palm device, you'll have to pay $350 dollars to get out of the contract. That goes down by $10 per month through the life of the contract.

Verizon says the fee hike is needed because they're subsidizing the cost of the phones when they sign you up, and these advanced phones are expensive.

If you have a regular cell phone, you're not affected. Your early termination fee will remain the same at $175.

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