Verizon to double TV/Internet early termination fees [telecom]

An article describes Verizon's new policy for new FIOS and Internet customers. It is to fight back against cable companies that steal its customers; the cable companies will rebate the termination fee. Current bundled customers would be grandfathered.

Verizon says the early termination fees cover the cost of installing FIOS--$500-$600 per customer.

Some Comcast Cable promotional packages have early termination fees.

For full article please see:

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