Do not auto-renew contracts

It’s GOOD to get a lower price, but BAD if it’s not the lowest price with exit flexibility.

Let me explain…

90% of all telecom contracts renew automatically

  • without refreshing the prices and terms
  • without the client knowing the renewal even happened

So if you’re not paying attention, your contract just renewed with a 3-year old rate and terms that no longer match your needs.

Contracts should NEVER be automatically renewed.

Contracts should be re-negotiated at the end of every term. Rates should be lowered and terms reconfigured — particularly around early termination and quantity under contract.

There are a few of other areas that you can be taken advantage of as well.

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