Ten Things Wrong with US Wireless Services (Part III)
This is the last of a three part article on what is wrong with the wireless telecommunication industry in the United States today.
5. Longer lock-in – From a one year lock-in period between you and your provider to a two year contract, providers realized that the longer they have you in their sights, the better. A longer lock-in period creates an illusion of lower monthly fees by dividing the cost of the phone unit into 24 months instead of 12 months. If you want to opt out, the carrier is more than willing to receive your higher early-termination fee.
» Read more