Posts Tagged ‘ETF’
Singapore Exchange says ETF trading grew 33% in Fiscal 2010
Following ATandT, Verizon ETF Hikes, Sen. Klobuchar Pushes FCC
Verizon Wireless doubled its early termination fee, and AT&T recently did nearly the same, hiking the fee in advance of the Apple iPhone refresh from $175 to $325. Minnesota Sen. Klobuchar has again asked the FCC to consider how ETFs are decreasing industry competition. – U.S. Sen. Amy Klobuchar is again calling on the Federal
Communications Commission to take action against the early termination
fees imposed by many wireless carriers.
The Minnesota Democrat, following the results of an FCC-commissioned
survey of 3,000 Americans from April to May, descri…
Google Cuts Nexus One ETF to $150 from $350
Google has cut a fee charged to users who cease using its Nexus One smartphone before four months from $350 to $150. The move comes in the wake of a broad probe into ETFs by the Federal Communications Commission, which Jan. 26 sent letters to AT T, Google, Sprint and T-Mobile asking how ETFs are charged and if consumers are adequately informed of the ETFs. Spotty 3G is one reason Nexus One users might cite as reason to void their contracts with Google and T-Mobile. To help mediate the 3G service and other complaints, Google expanded its service for the Nexus One to include phone support: 888-48-NEXUS (63987) is now live from Google.
–
Google has cut a fee charged to users who cease using its
Nexus One smartphone before four months from $350 to $150, making it somewhat
more palatable for users dissatisfied with the device to put it down.
Not long after Google began selling the Nexus One from its own
Webstore Jan….
ATandT Offers $18M to Settle ETF Complaints
AT T files an early termination fee settlement in a New Jersey U.S. District Court, offering customers who filed a class action complaint $16 million in cash and $2 million in other benefits.
– AT amp;T has filed a class action settlement in a New Jersey U.S. District
Court regarding customer complaints about the company’s flat-rate early
termination fees. Although the document is dated Sept. 15, 2009, those involved in the lawsuit
were notified Jan. 26.
The carrier has offered $16 mil…
FCC Commissioner Criticizes Verizon ETF Defense
New FCC Commissioner Mignon Clyburn calls Verizon Wireless’ response to an inquiry about its early termination fees troubling and unsatisfying.
– FCC
Commissioner Mignon Clyburn wasted little time in dismissing Verizon Wireless’
defense of its increased early termination fees for smartphones. In a Dec. 23
statement, Clyburn lashed out publicly at Verizon’s Nov. 5 decision to double
the penalty fees to $350 for smartphone subscribers who e…
Verizon Defends ETF Smartphone Fees
The carrier defends the doubling of early termination fees for smartphone customers as making smartphones and advanced services available to those who might not otherwise be able to afford them.
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Verizon continued its strenuous defense of its ETFs (early termination
fees) for smartphones in a Dec. 18 response letter to the FCC
(Federal Communications Commission). Verizon’s Nov. 5 decision to
double the penalty fees to $350 for smartphone subscribers who
leave their contracts early has …
FCC Launches Verizon ETF Probe
Controversy continues to swirl around Verizon Wireless’ November decision to double early termination fees for smartphone customers, as the FCC is now seeking answers from Verizon about the policy.
– The
controversy over Verizon Wireless’ early termination fees spread to the Federal
Communications Commission Dec. 4, as the regulatory agency is now seeking
answers from Verizon about the company’s decision to double ETFs for smartphone
customers. The FCC’s inquiry letter also asks whether cons…
UOBAM lists first China A-Shares ETF on SGX
UOB Asset Management (UOBAM) and Singapore Exchange (SGX) announced today that UOBAM will list the first China A-Shares Exchange Traded Fund (ETF) on SGX on Nov 12. The United FTSE/Xinhua China A50 ETF will also be the first China A-shares ETF to be denominated and traded in Singapore Dollars.
SGX says the United FTSE/Xinhua China A50 ETF aims to provide performance results that, before fees, costs and expenses (including taxes), closely correspond to the performance of the mainland Chinese equity market as measured by the FTSE/Xinhua China A50 Index. The index is designed to represent the equity performance of the 50 largest China A-Shares companies based on market capitalisation.



