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reply to silentlooker
Re: Time to arrest the developer of the program.
said by silentlooker:Wrong. I see you either don't have a postpaid phone, or haven't read your contract. The ownership of the phone is transferred at the time you sign the agreement, which is why if it breaks outside the mfg warranty, you have to pay for the repair or replacement, not the carrier. Same if you lose it or physically damage it, you are on the hook. said by Rambo76098:
Once I sign the contract, it ceases to be Verizon's phone. The device is mine, and I'm legally entitled to do with it as I please. Hence the iPhone jailbreaking decision.
No the phone is still Verizon unless you outright purchased it. It 's your phone once the contact ends or you just buy it out. The contract that you signed with Verizon defines who owns the phone and what you can do with it.
If the carrier retained ownership, we would all be paying device lease fees like you do with most dsl/cable/satellite equipment. We pay a lease fee, the company owns the equipment, and is responsible for proper function of the device in case of equipment failure (not caused by physical damage) without regard to manufacturer warranty.
The phone becomes yours, but you agree to the prorated ETF if you break the contract prior to the end of the contract term. Hence why we don't have to return phones when we change service or end a contract early.