can i cancel contract without etf because of new plans

[shoptalk1]

No I am NOT choosing to agree to their plans. I don't have the $700 for new phones. Thus I am stuck with my current phone WHICH no upgrades will be provided to THUS forcing me to get a new phone or CHANGE CARRIERS.
I could also just cancel and not pay the etfs if I have to or wait til my contracts are up next june and cancel my family plan.
I'm sure they don't want to lost $250 a month from me.

If you port out to StraightTalk or Page Plus AFTER your contract is up, you'll still have the Verizon native network and no contracts or ETFs to worry about. Once you port out, Verizon will send a final bill and that's the last you'll hear from them. People who think they will be missed when they leave should try this..... fill a bucket with water, now put your hand in the water. When you pull your hand out, use the hole that remains to measure how much you will be missed. I'm not trying to be cruel, Verizon is a multi-billion dollar company, you pay $250, they might not even notice you left.

If you don't pay they ETF and final bill, they will turn your account over to collections who will call you at work, at home, at school, on your cell, maybe 5 times a day. They will ruin your credit and they could very well take you to court to try to get their money.

Keep in mind Verizon isn't forcing you to get new phones, many people are still using Alltel phones, but if you're phones are worn out or YOUR needs require you to have an updated phone, that isn't Verizon's fault.

[Sam73065]

If you port out to StraightTalk or Page Plus AFTER your contract is up, you'll still have the Verizon native network and no contracts or ETFs to worry about. Once you port out, Verizon will send a final bill and that's the last you'll hear from them. People who think they will be missed when they leave should try this..... fill a bucket with water, now put your hand in the water. When you pull your hand out, use the hole that remains to measure how much you will be missed. I'm not trying to be cruel, Verizon is a multi-billion dollar company, you pay $250, they might not even notice you left.

If you don't pay they ETF and final bill, they will turn your account over to collections who will call you at work, at home, at school, on your cell, maybe 5 times a day. They will ruin your credit and they could very well take you to court to try to get their money.

Keep in mind Verizon isn't forcing you to get new phones, many people are still using Alltel phones, but if you're phones are worn out or YOUR needs require you to have an updated phone, that isn't Verizon's fault.

However you are missing something, if he ports his number out, and 150,000 other customers port their numbers out and the number of new customers drops significantly then Verizon will have a hole to fill. Now I made up the 150k number, I've no clue what the magic number is to catch Verizon's attn, maybe it needs to be one million or 1/2 million, but the point being if enough customers leave Verizon, then they will find themselves scrambling to repair the damage done by their introduction of the new plans. I'm not suggesting there will be any major loss of customers and new customers, but if there is then Verizon will miss those that leave. And to be honest, I don't care if Verizon misses me if I leave, my decision will be based on what's best for me, not based on whether or not Verizon will miss me.

[ItnStln]

I say give it six months and see what happens. It seems like very few people like the new plans. If enough people leave Verizon they might end up rethinking the plans. My only hope is that AT&T doesn't follow Verizon's path. I have both, AT&T is my personal, Verizon is company issues.

Sent from my Galaxy Nexus using Tapatalk

[kupe]

However you are missing something, if he ports his number out, and 150,000 other customers port their numbers out and the number of new customers drops significantly then Verizon will have a hole to fill. Now I made up the 150k number, I've no clue what the magic number is to catch Verizon's attn, maybe it needs to be one million or 1/2 million, but the point being if enough customers leave Verizon, then they will find themselves scrambling to repair the damage done by their introduction of the new plans. I'm not suggesting there will be any major loss of customers and new customers, but if there is then Verizon will miss those that leave. And to be honest, I don't care if Verizon misses me if I leave, my decision will be based on what's best for me, not based on whether or not Verizon will miss me.

That's an interesting speculation on what may or may not impact Verizon, but it's a blind speculation. Verizon has an army of well-compensated analysts who do nothing but sample the water in real time to measure the impacts of Verizon policies on retention/new adds and predict the resulting impacts on the market. It's a fascinating business which Verizon appears to perform more adeptly than their competition. This accounts, in part, for their ability to perpetually command some of the highest rates in the industry, while simultaneously enjoying the lowest churn in that same industry ... for almost a decade ... continuously.

Still, while Verizon's churn figure is under 1%, it represents ~1,000,000 lines. But a difference of 150,000 customers in one way or the other in that ~0.9% churn will be indistinguishable in a real sense. They probably lose more customers due to a lack of pink phones than to price policy changes like the ones coming out this month.

I'm guessing Verizon would probably need to lose a net of a couple million customers before you might see them readjust their pricing policies. And even then only if it actually hurt profitability. That's also assuming their competition doesn't follow suit and mirror Verizon's pricing, which seems to be the norm in recent times. If their competition does "match" pricing, then it's back to an even playing field and Verizon's superior coverage and solid customer support will keep them in the business of adding those new customers.

[johnhere]

The superior coverage gives them some leverage but are they pushing things too far? Time will tell so it's all speculation at this point. If they lose 5mil customers in a quarter I could see a quick revamp on the pricing but I figure they may lose a few hundred thousand quarter 3 but that's just a guess. I don't think the loss will be very big overall

[johnhere]

This is pure speculation but do you think vz priced them high knowing they would lower them? I like the simplicity of the plans but the prices stink.

[XFF]

Can I cancel my contract with etf because they are changing the pricing plan and going to take away my unlimited data if i want to upgrade in december?

Yes, you can. Not a problem at all. ETF will be billed on final statement and you're free to go wherever you want.

[Sam73065]

That's an interesting speculation on what may or may not impact Verizon, but it's a blind speculation. Verizon has an army of well-compensated analysts who do nothing but sample the water in real time to measure the impacts of Verizon policies on retention/new adds and predict the resulting impacts on the market. It's a fascinating business which Verizon appears to perform more adeptly than their competition. This accounts, in part, for their ability to perpetually command some of the highest rates in the industry, while simultaneously enjoying the lowest churn in that same industry ... for almost a decade ... continuously.

Still, while Verizon's churn figure is under 1%, it represents ~1,000,000 lines. But a difference of 150,000 customers in one way or the other in that ~0.9% churn will be indistinguishable in a real sense. They probably lose more customers due to a lack of pink phones than to price policy changes like the ones coming out this month.

I'm guessing Verizon would probably need to lose a net of a couple million customers before you might see them readjust their pricing policies. And even then only if it actually hurt profitability. That's also assuming their competition doesn't follow suit and mirror Verizon's pricing, which seems to be the norm in recent times. If their competition does "match" pricing, then it's back to an even playing field and Verizon's superior coverage and solid customer support will keep them in the business of adding those new customers.

Like I said, I've no idea what the magic number is to catch their attn. I suppose they've already figured out how many customers they'll potentially lose and even how many they can afford to lose. I do assume though that if the numbers start trending badly for them, you will see them readjust their pricing sooner rather than later. Verizon has proven itself to be smarter than RIM, who was unable to adjust to the market and is now in its death throes. Also if ATTM follows suit with nearly identical price increases, then the Verizon price increases will carry less weight, because Sprint and TMo are just not serious competition currently. The best thing for Verizon would be for ATTM to offer nearly identical plans, even 5% cheaper would help Verizon shove these prices down our collective throats.

[johnhere]

I don't think the new plans will hurt them but so much, at least right now since many will most likely keep the plans they have for now. When people are out if contracts then maybe we will see more change to other options. I'm in contract so the new plans won't change things for me for a while I hope.

[iFLAUNT 3G(S)]

I am getting ready to leave for work and just thought of this.
Can I cancel my contract with etf because they are changing the pricing plan and going to take away my unlimited data if i want to upgrade in december?
If I can I might even go prepay although they don't have any smart phones on prepay and I can use my thundebolt or Iphone on prepay.

Are you real? This is a question that is getting asked a LOT and it is an incredibly stupid one. This is literally like asking if I can stop paying on my 2008 hyundai car note because I don't like the way the 2012 hyundais look. I mean, seriously?