FCC May Regulate Cellphone Early Termination Fees

Yes!  As a owner of 5 cellphones in the last 2 years, I think it’s time that consumers start fighting back against stupid contract termination fees which I paid about 3-4 times while trying to find the fastest cellular internet service.  (which ended up as Sprint.  AT&T (Cingular), T-mobile, Verizon, they all suck.

Cell phone companies routinely charge customers $175 or more for quitting their service early. Under a proposal to the Federal Communications Commission, the wireless industry would give consumers the opportunity to cancel service without any penalty for up to 30 days after they sign a cell phone contract or until 10 days after they receive their first bill.

The proposal also would cap such fees and reduce them month by month over the course of a contract based on how long customers have left, according to people familiar with the offer speaking on condition of anonymity because the FCC has not accepted it. The plan would not abolish cancellation fees entirely.

[via gizmodo cnn]

One Response to FCC May Regulate Cellphone Early Termination Fees

  1. I entirely agree with you. This is a rip off and it is time that the matter is redressed.

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