Verizon Fios is a popular internet and television provider, offering various packages to meet the needs of its customers. When signing up for Fios services, customers are often presented with a Retain Agreement, and may wonder what this agreement entails.

A Retain Agreement with Verizon Fios is a contractual agreement that locks in a customer for a predetermined period of time, typically for one or two years. This agreement is designed to provide benefits to both the customer and the company.

For the customer, a Retain Agreement typically offers discounted rates and special offers that are not available to customers who choose not to sign an agreement. These discounts can be significant, providing customers with substantial savings over the course of the contract period.

For Verizon Fios, a Retain Agreement provides a guaranteed revenue stream over the course of the contract period. This allows the company to better predict revenue and allocate resources accordingly, which can ultimately lead to improved service and better customer experiences.

It is important to note that while a Retain Agreement locks a customer in for a predetermined period of time, there are generally ways to cancel the agreement without penalty. Customers should carefully review the terms of the agreement before signing, and inquire about cancellation policies or any potential fees that may apply.

In summary, a Retain Agreement with Verizon Fios is a contractual agreement that provides customers with discounted rates and special offers, while also providing the company with a guaranteed revenue stream. Customers should review the terms of the agreement carefully, and inquire about cancellation policies or fees before signing.