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GigaOm: How Cell Phone companies are fleecing us?: October 29, 2003

Many of you are aware that come November 24, 2003 and we will be free from the shackles of phone companies, who in my opinion have run rough shod over consumers for the longest time. Given that most of these guys are on very thin ice, and are over-leveraged, they are trying to get consumers pay for the number portability. A recent study by Center for Public Integrity shows that the 10 largest wireless carriers have taken in $629 million from the consumers.

The study surveyed the 10 largest wireless carriers and found that nine of them have been charging their customers recovery fees ranging from 5 cents to $1.75 per month. AT&T was charging the highest amount, though only to about one-third of its customers, while T-Mobile charged no recovery fee. In all, CPI estimates the cost to wireless customers for number portability as $629 million thus far. CPI found a wide variance in carriers

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