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Verizon loses money even with higher ETF

By George Ou 19 December 2009 One Comment

Tim Conneally of Betanews reports that Verizon responded to the FCC that it would still lose money even with the increased Early Termination Fee (ETF).  If a customer were to bail out of the contract at 12 months and paid a prorated $230, Verizon would still lose $460.

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