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Ditching a BlackBerry, Android or other smartphone from Verizon will cost twice as much as it used to starting next week. Canceling a two-year service contract early on top-of-the-line phones will cost $350 at first, sliding down to $110 at the end of two years.
New York Times gadget guy David Pogue asks the fairly obvious math question about Verizon’s charges: “If the premise of the early-termination fee is to help Verizon recoup its original cost of the phone, shouldn’t the fee go down to zero at the end of your contract?”
Don’t miss MobileBeat 2010, VentureBeat’s conference on the future of mobile. The theme: “The year of the superphone and who will profit.” Now expanded to two days, MobileBeat 2010 will take place on July 12-13 at The Palace Hotel in San Francisco. Early-bird pricing is available until May 15. For complete conference details, or to apply for the MobileBeat Startup Competition, click here.
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