750,000 Customers Still Lease Phones 82 year old woman pays $14k over 42 years (old news - 02:28PM Friday Sep 15 2006) tags: prices · telco · Oddities Tipped by Karl Bode
User Jerm writes in: "In case you didn't get the memo, since 1985 you have been able to opt out of renting your telephone. However 750,000 phone leases are still in effect today. One such renter, Ester Strogen, 82 years old, has paid an estimated $14,000 over the past 42 years ($30 a month) to rent two black rotary phones. According to one AT&T/Lucent representative, the benefits of leasing phone equipment include free replacements and the option to switch to newer models. I think I'm sold! Can I please rent two 1960s black rotary phones for $29.10/month also?"
750,000 Customers Still Lease Phones