You may remember the FCC's inquiry into Verizon Wireless' $350 'advanced device' early termination fee this past December, followed by inquiries into AT&T, Sprint, T-Mobile and Google earlier this year. The FCC seems concerned that there is no standardized structure for ETFs in the wireless industry, except to say that everyone has them. So, they created a questionnaire for the industry leaders to respond to with a deadline in late February.
The deadline has since arrived and the responses are in. Thanks to long-winded lawyers, each company prepared roughly 10 pages of information discussing the reasoning behind their ETFs, with Sprint producing a whopping 60 page response thanks to an abundance of attachments. In lieu of summarizing each company's response (follow the links at the bottom if you want the juicy details), suffice it to say that the overwhelming feeling is there's a lot of justifying going on. Each company believes that they are the victim, not the consumer.
What do you have to say to that? Let Verizon, AT&T, Sprint, T-Mobile and Google know how you feel about their ETFs by posting your stories in the comments!