According to the Wall Street Journal, Verizon Wireless has settled with subscribers who have filed class-action lawsuits over early-termination fees in wireless contracts. The mobile phone carrier is willing to pay $21 million to settle these wireless contract disputes. Some experts say that this move will to put renewed focus on a federal effort to restrict early termination fees.
Well, this is certainly good for Verizon wireless subscribers especially those who are disputing ETF's. It will be interesting to see the effect of this move. Perhaps the other carriers will also decide to settle the class action suits that they are facing. Maybe the FCC will implement guidelines to take control of these fees.
Let's move on to the news about telecommunication getting immunity from warrantless wiretaps.
http://www.rcrwirelessnews.com/apps/pbcs.dll/article?AID=/20080710/FREE/732008705/1078
The US President Bush will soon sign the new electronic surveillance legislation that can free companies from dozens of privacy lawsuits. The 1978 Foreign Intelligence Surveillance Act was revised and the changes were passed by the Senate yesterday and the House last month. These revisions effectively grants AT&T Inc., Verizon Communications Inc. and Sprint Nextel Corp. retroactive immunity to in connection with their participation in the National Security Agency’s warrantless wiretap program.
Here's a statement from the American president regarding the wireless wiretap immunity granted to the carriers.
“This bill will help our intelligence professionals learn who the terrorists are talking to, what they’re saying, and what they're planning. It will ensure that those companies whose assistance is necessary to protect the country will, themselves, be protected from lawsuits for past or future cooperation with the government. It will uphold our most solemn obligation as officials of the federal government to protect the American people.”
Well, I think this is great news for both subscribers and and the carriers. The mobile phone carriers will be able to protect the privacy over their customers and won't have to worry about privacy lawsuits. Privacy is part of the wireless contract between the two parties. No customer would want to trust any carrier who will not be able to provide security and privacy so they can be protected from losing customers.
This deal is also great for customers because they won't have to worry about the threat of wire tapping. They know that their private conversations and messages will be safe from the prying eyes of the government.
Tune in to this blog for more wireless contract updates.