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Verizon Wireless: Early termination fee of $350, do you want a DROID now

Under: Mobile Phones, Motorola
Date: November 4th, 2009

It has been confirmed by Verizon Wireless that they will charge up to $350 for early termination on advanced devices.

From November 15th this charge will go into effect and the new improved termination fee will include a minute silver lining apparently according to BGR for every month of service completed, this means that the $350 will be reduced by $10.

No one is sure what the advance device/s will be as of yet but we will keep you informed, so if you are thinking about terminating a contract in favour of the Motorola DROID we say think about it before you rush into anything.

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Bill in Gatlingburg
I’m OUT! When this phone dies I’m moving on to either T-mobile or Sprint. $350 is crazy after I’ve been a customer for 5 years and paying $240 per month for my family. 4 blackberries would cost me $1400.00 to cancel if something happened in this financial mess that our country is in because of greedy companies.