Verizon's new contract terms make it more expensive to defect early

Verizon Wireless has updated its terms of service, which could increase the amount you’re paying in early termination fees, or ETF, depending on when you wish to defect and leave the carrier. According to the new terms, if you sign a new two-year contract with Verizon and decide to leave towards the beginning of the contract term, you’ll be out more money as your early termination fees do not see any reductions until eight months into your contract.