End of Internet Equipment Rental Fees After Purchase Price Paid.
New rules aim to protect consumers from excessive rental fees for internet equipment like routers and modems. Internet providers will be prohibited from charging rental fees once the consumer has paid the full purchase price of the equipment through monthly rental payments. This could lead to significant savings for many households.
Key points
Internet providers cannot charge rental fees for equipment (e.g., router) once the consumer has paid its full purchase price through monthly fees.
This change applies to contracts entered into after the new rules take effect.
It could lower monthly internet bills for individuals who rent equipment long-term.
Expired
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