|Articles|September 16, 2008

Physician's Money Digest

  • July15 2004
  • Volume 11
  • Issue 13

Cell Phone Fees Scoped

When the Federal CommunicationsCommission (FCC) mandated phonenumber portability 2 years ago, it wassupposed to be a boon for the consumer.Think again. Once the FCC set adeadline date for number portability,most wireless companies started addinga fee to cover the costs of providing theservice, even though it wouldn't beavailable for nearly 2 years. The companiesalso cloaked the portability feesunder names that implied that themoney was going to the governmentwhen instead it was going into the companies'coffers. The National Associationof State Utility Consumer Advocates(www.nasuca.org), a consumerwatchdog group, estimates that wirelessproviders have collected almost $1 billionin portability fees since January2002 for a service that wasn't offerednationwide until May of this year. Thegroup has called on the FCC to take amore active role in regulating these fees.

Articles in this issue

almost 18 years ago

Batten Down Your Inheritance Hatches

almost 18 years ago

Decide What to Do with Your IRA Assets

almost 18 years ago

Start Your Retirement Plan Immediately

almost 18 years ago

Know when Less Is More and More Is Less

almost 18 years ago

Ease Worries of the Sandwich Generation

almost 18 years ago

Uncover the Fine Print on Annuities

almost 18 years ago

Impart Memories Before They Are Gone

almost 18 years ago

Find the Right Mortgage Lender for You

almost 18 years ago

Renovate Without Building Property Tax

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