Quote:
Originally Posted by Peter729
What is the benefit, for the customer, of entering into a termed (18/24 month) if it doesn’t fix the price.
VM could offer you a monthly rolling contract, you would still be bound by the same performance T&Cs.
The answer is a termed contract provides a secure revenue stream for VM and the company is, of course, valued of its secured and potential future revenues.
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I think it was OFCOM who introduced the 18/24 month contract terms - didn’t they all used to be 12 months? They probably did it for the telcos and didn’t give any thought as to how it would impact customers.
The only broadband I’ve been offered on a twelve month term is from NOW