|Verizon Wireless Eliminates Number Portability Charge|
Posted: 16-Nov-2004 [Source: Verizon Wireless]
[Verizon Wireless eliminates the Regulatory Charge associated with LNP reducing all monthly bills by .40 cents.]
Bedminster, NJ -- Verizon Wireless said it is eliminating 100 percent of the portion of its monthly Regulatory Charge that it charges customers for costs associated with this service, known as Local Number Portability or LNP. Verizon Wireless has collected $0.40 per customer since March 2004, or approximately $15 million per month, to help defray the costs to administer the program.
Beginning with customer bill cycles next week, Verizon Wireless will stop collecting the $0.40 per customer per month. The regulatory charge Verizon Wireless charges customers to help defray the cost of government mandates including LNP will be reduced from 45 cents per month to 5 cents per month per number.
Beginning in November 2003, consumers were able to switch their wireless service provider without changing their telephone number as a result of a Federal Communications Commission (FCC) mandate, and by May 2004 LNP became a reality nationwide.
Prior to the launch of LNP in November 2003, Verizon Wireless did not require its customers to help defray the costs of preparing its network or operations for this FCC mandate. Then, between March and November 2004, Verizon Wireless charged customers to help defray the costs associated with LNP implementation. Currently, other major wireless carriers continue to charge customers for LNP as part of their "federal recovery fees."
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