What's the point of a contract when Verizon can cancel it any time?
Thisisb
Enthusiast - Level 1

I live in an apartment and have a two years contract with Verizon Fios which I signed back in Jan of this year. There is some issue in my apartment unit and my apartment management is transfering me to a ground floor unit in the same building. When I initiated the service transfer request with Verizon, they wanted me to drop my two year contract and sign a new two year contract with a significantly higher monthly fees. What's the point of two year contract that I signed back in January? 

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Re: What's the point of a contract when Verizon can cancel it any time?
PJL
Master - Level 3

Check the TOS.  It likely considers the move a change that terminates the contract.

Re: What's the point of a contract when Verizon can cancel it any time?
logan81
Contributor - Level 3

Technically you broke the contract by moving.