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Cell Phone Users May Get Break on Cancellation Fees |
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Cell Phone Users May Get Break on Cancellation Fees
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By Allen Tsai | Wed May 21, 2008 8:39 am |
The government is quietly negotiating to help cell phone customers avoid expensive fees when they cancel contracts with wireless companies by capping cancellation fees for cell phones.
Cell phone carriers routinely charge customers $175 or more for ending their service early. Under a proposal to the Federal Communications Commission (FCC), companies would give consumers the opportunity to cancel service without any penalty for up to 30 days after they sign a cell phone contract or until 10 days after they receive their first bill.The proposal would cap such fees and reduce them over the course of a contract based on how long customers have left. The plan would not abolish cancellation fees entirely. In exchange for the government's approval, the agreement would let carriers off the hook in state courts where they are being sued for billions of dollars by angry customers. If approved by the FCC, the proposal also would take away the authority of states to regulate early termination fees. Verizon Wireless, with other leading wireless companies, offered the proposal after high-level meetings with senior FCC officials.
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Thu Feb 09, 2012 3:20 pm | By
U.S. regulators are close to approving Google's $12.5 billion purchase of Motorola, putting the Android maker one step closer to forming a partnership that may change alliances in the industry.
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Thu Feb 09, 2012 2:54 pm | By
Apple co-founder Steve Jobs was unfit for George H.W. Bush's council in 1991, according to an FBI investigation, highlighting his drug use and decision to not support his daughter.
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Thu Feb 09, 2012 1:55 pm | By
Google is changing its privacy policy amid mounting challenges from U.S. watchdogs and lawmakers, underscoring the fight to protect personal data online.
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Thu Feb 09, 2012 1:29 pm | By
Google is prepping a cloud-based service, called "Drive," to compete in the fast growing business of virtual storage.
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Thu Feb 09, 2012 12:56 pm | By
Google aims to take a percentage of every iPhone sold after completing its Motorola acquisition, raising questions over whether current patent fair use standards support fair business practices.
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More Phones: New Phones |
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Editorials & Opinion
By Margaret Rock
The 54th Grammy Awards is just days away, and the show will harness mobile and social media technology as old media tries to keep pace with new trends among its viewing audience.
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