Verizon Eliminates Early Termination Fee for DSL, Restructures Plans
Verizon on Monday said that it is getting rid of early termination fees for its DSL service as part of an attempt to simplify its plans for broadband service with easy-to-understand bundles. High-speed DSL customers can now build upon two double-play pricing tiers, the first being an entry-level service that supports 500Kbps to 1Mbps speeds for basic tasks like sending emails and photos. The second tier kicks things up to 1.1Mbps to 15Mbps for more advanced tasks like online gaming and downloading movies.
"Weve enhanced the value and simplified our HSI bundles by pricing them aggressively and removing any contract requirements and early termination fees for Verizon services going forward," said Eric Bruno, Verizon vice president of product management. "With these refinements, our high speed Internet service offers the best value in broadband."
The basic tier starts at $19.99/month, or $14.99 if ordered online, while the enhanced service runs $34.99/month, or $29.99/month when ordered online.
There is a catch to these simplified plans. In order to qualify for the above pricing, customers must subscribe for a Verizon landline voice plan. For those that don't, basic DSL service will run $29.99 and the enhanced service jumps up to $44.99.
Comments
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ez223
April 19, 2011 at 3:28pm
Aren't most ETFs based upon how much time is remaining on the agreement? If so, then in a sense they are based upon how long you stayed right?
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Markitzero
April 19, 2011 at 11:56am
I wish I could even get DSL because were I am Verizon does not want to add more DSL slots so I am paying $50 for Virgin Mobile Broadband2Go and I get under 200Kbps on 3G. I live by a FiOS Fiber line but all I can get from Verizon is Dial-up. I can't even do Online Videogames.
There is no 4G in area still.
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Markitzero
April 19, 2011 at 11:53am
I wish I could even get DSL because were I am Verizon does not want to add more DSL slots so I am paying $50 for Virgin Mobile Broadband2Go and I get under 200Kbps on 3G.
There is no 4G in area still.
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ShyLinuxGuy
April 19, 2011 at 8:44am
ETFs should be illegal, plain and simple, nothing should dictate that a customer must pay to quit using something if they've found a better alternative...but if (and hopefully when) they do become illegal, the companies that depend on them might file for chapter 11 (or Chapter 7 if they aren't so lucky).
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MrBlueCheese
April 19, 2011 at 12:21pm
Well, when you sign up for a service, you are signing a contract that states you guarentee that your going to use the service for x amount of time. One could argue that breaking the contract can result in some sort of penality.
However, i think companies should use a different model like "the longer you stay with us, the lower amount you pay."
So, if you wanted to stay for 3 months, it would cost more then someone who wants to stay for a year and so on.
However, i don't think ETF's will end anytime soon.
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warptek2010
April 19, 2011 at 4:21pm
Thing is, investors are just as much consumers as non-investors. In this economic climate they better start waking up to the fact that it is a CONSUMERS market. So, as investors, if they want to continue to recieve the benefits of investing (i.e. consumption, saving etc...) then start behaving accordingly.
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