All The Latest Cell Phone, Gadget and Tech News
17 Jul
Verizon is getting ready to face the FCC, and anyone else for that matter, when it comes to exclusivity deals. The company has announced a totally new policy for its exclusivity deals. Any future exclusive handset will last for just six months and after that carriers with less than 500,000 subscribers will be able to sell the same phone. Lowell McAdams, Verizon’s CEO said:
Any new exclusively arrangement we enter with handset makers will last no longer than six months – for all manufacturers and all devices… Exclusivity arrangements promote competition and innovation in device development and design. This new approach is fair to all sides.
What will happen after six months for other large carriers? When will they be able to get the new device? We’re waiting to see if other carriers will take a similar approach before the FCC steps in and starts telling everyone what to do.
Tags: exclusivity, fcc, Mobile News, Policy, Verizon, Verizon Wireless
Stumble It!
Twitter Search:
One Response for "Verizon Wireless Ready to Shorten Exclusivity Terms"
That is good news,we do not need to face long period exclusivity.
Leave a reply