Verizon imposes $1 fee on FiOS voice customers
Verizon's (NYSE: VZ) FiOS customers are being greeted with yet another fee as the telco has added a $1 charge to its FiOS voice bills.
According to users at Verizon's support forums, this new fee is a "FDV Administrative Charge" that has recently began to appear on Verizon FiOS customer bills.
The telco said that the monthly "surcharge helps defray account servicing costs associated with providing voice services," adding that it is a "Verizon surcharge, not a tax or governmental fee," according to a forum post.
This $1 fee is just one of many fees that the service provider has tacked on to FiOS customers' bills. Earlier this year, it implemented a $5 router rental fee and a new $50 activation fee for new subscribers.
What's interesting about these new fees is that they come at a time when Verizon has halted any new FiOS rollouts, choosing to focus on expanding service in territories where it has already rolled out the service.
One small glimmer of new FiOS market hope came in March when Verizon's CFO Fran Shammo told investors that it would consider expansions once the current buildouts have given it the best return on its investment.
Editor's Corner: Verizon gives 'FiOS-envy' markets little reason for hope