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Re: paying termination fee and upgrading phone
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You can't cancel the line contract and expect to return immediately to p open a new account/line. She will lose her number if she doesn't port it to another carrier. You also have to wait 60-90 days after cancelling the line or otherwise Verizon Wireless will reinstate your previous contract and its remaining completion date.
I'm most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.