Verizon Raises Early Termination to $350

Verizon is raising early termination fees, notes Boy Genius Reports and Tech Crunch. On November 15, it’s increased to $350 for “advance devices” only. VZW is no doubt targeting users who cancel their contract, pay the early termination fee, then flip it on Craig’s List for a profit.

The leaked document doesn’t exactly spell out which devices qualify as advanced, but chances are it’s any BlackBerry, Android, or Windows Mobile handset. The new fee reportedly decreases every month by $10. But at the end of a two year contract that would still leave you with $110 in fees.

In other news, a tethering option will be available for Verizon’s Droid. Tethering costs another $30/month with another 5 GB cap, on top of the standard $30/month phone data plan on Verizon’s Broadband Connect data service. Data on Verizon’s business accounts costs more for basic phone data — $45/month.

With both plans there’s a 5GB/month limit, after which you are charged huge overage fees. Tethered or not. Apple’s iPhone 3GS also supports tethering, but AT&T has yet to announce when it might be available.

Verizon Wireless will also sell an HTC Android phone on Nov. 6, called the Droid Eris for $99.99. It’s similar to HTC’s Hero phone, which Sprint currently sells for $179.99.

The Droid Eris, doesn’t have a slide out keyboard but it’s smaller and features a Qualcomm MSM 7600 528MHz processor, 3.2 inch 320×480 HVGA capacitive touch screen, 5.0 megapixel camera, pre-installed 8 GB microSD card and Bluetooth, Wi-Fi and 3.5 mm headset jack.

Posted by Sam Churchill on .

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