Verizon has stated that following its acquisition of TracFone, there was a notable increase in device deactivations before recovering costs. The company is pushing for a regulatory change that would allow them to lock devices for at least six months instead of the current 60-day standard. They argue that this is essential in combating device fraud effectively. Verizon also critiques the FCC's unlocking rule, claiming it no longer reflects the current state of the wireless marketplace, thus harming both consumers and competition.
Verizon argues that the 60-day lock on phones is insufficient against device fraud, proposing instead a six-month lock to align with industry standards.
The telecommunications giant claims that the unlocking rule harms consumers and competition, asserting that the concerns that prompted it are now outdated.
Verizon mentioned that device theft and fraud are escalating issues, indicating that the current regulations fail to adequately protect against these growing threats.
The company’s petition reflects a desire for regulatory reform, suggesting that the market dynamics have evolved and the rules should adapt accordingly.
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