Verizon To Charge $350 Cancellation Fee

Posted: Nov 4 2009, 5:25am CST | by , Updated: Aug 11 2010, 5:16pm CDT, in News | Mobile Phones

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As you've probably heard, Verizon is about to start a huge BlackBerry sale. This sale will include some exceptional deals which, Verizon fears, are ripe for exploitation. In order to prevent customers from cancelling their line and selling their new phone on ebay for a profit, Big Red is about to hike their cancellation fee. Boy Genius has come across proof that Verizon will soon up their cancellation fee for 'advanced devices' from $175 to $350.

That's certainly one way to discourage that sort of behavior. With a penalty that steep, I can't imagine any way to profit off of flipping Verizon smartphones. On the plus side, it doesn't start until November 15th. If you're the sort of unscrupulous cad who likes to take advantage of poor, defenseless mobile carriers, you still have a few more days.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
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