Verizon Ups Early Termination Fee to $350

Verizon Wireless on Thursday confirmed that it will increase its early termination fee (ETF) to $350 starting November 15.

The current fee for terminating service is $175, though that is pro-rated and decreases as a customer moves through their contract.

The ETF will apply to advanced devices, which generally includes "a combination of advanced capabilities that combined increase the cost of the device," a Verizon spokesman said in an e-mail.

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