Sorry!! The article you are trying to read is not available now.

Verizon, AT&T Screw Over Their Customers Yet Again

Print comment Post Comments

In April, Minyanville detailed the reasons why a duopoly between Verizon (VZ) and AT&T (T) is wholly detrimental to competition between carriers in the States. Effectively edging out Sprint (S) and T-Mobile from the race, both telecom giants have gamed the system so that they reap the majority of the market share and profits.

Of course, that comes at the expense of the end user.

Every month, there's new word on how Verizon and/or AT&T have played fast and loose with data caps for iPhone (AAPL) and Android (GOOG) users, denied customers from being grandfathered in to unlimited data plans, or preventing its subscribers from truly owning their own devices.

And now, they've completely reneged on a promotion that our friends over in Europe are currently enjoying.

Last month, as folks were gearing up for the release of the Samsung Galaxy S III in the US, Samsung announced that anyone who purchases and registers the device would be eligible for a free Dropbox upgrade to 50GB for two years. Given how popular and useful the cloud storage service is, it's a pretty solid incentive to grab a Galaxy S III.

But unsurprisingly, that enticing promotion won't be available for those who buy the device on Verizon and AT&T. Why? According to Android Central, neither Verizon nor AT&T want to foot the bill.

Dropbox posted the news in its forums, writing, "Select carriers have opted-out of the promotion on phones otherwise eligible. Unfortunately, AT&T and Verizon are among these carriers not currently participating."

Yet again, stateside customers are feeling the sting of an all-too-powerful duopoly with unrelenting greed and uncompromising influence.

So it goes.

(See also: Clumsy iPhone Videographers Get a Hilarious Smackdown and AT&T Falsely 'Upgrades' iPhone 4S to 4G)

Twitter: @mcs212

For an investment angle on these and many more tech stocks, take a FREE trial to the TechStrat Report by Sean Udall.
POSITION:  No positions in stocks mentioned.