Wednesday, February 29, 2012

Internet, cable, phone exit fees to be reduced


NADAV SHEMER
Jerusalem Post
05-12-2011
Internet, cable, phone exit fees to be reduced
Byline: NADAV SHEMER
Edition: Daily
Section: Economics
Type: News

Not long after approving the reduction of exit fees for customers of cellphone companies, the Communications Ministry on Wednesday approved extending the measure to include exits from Internet, cable and fixed telephone contracts.

Under the new regulation, which will be voted on Sunday at the cabinet meeting, communications companies will be prohibited from collecting an exit fee of more than 8 percent of the average monthly bill multiplied by the number of months remaining on a customer's contract.
"There is no reason that a customer interesting in moving to another company to obtain benefits should be forced to pay a fine," Communications Minister Moshe Kahlon said. "With the passing of this law, a significant barrier will be removed that will help improve competition and that will give the consumer the freedom to choose without restriction and without fines."(c) Copyright Jerusalem Post. All rights reserved.

(Copyright 2011 The Jerusalem Post)

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