With Tail Between Its Legs, Verizon Withdraws $2 Convenience Fee: The Power of the Internet!!

Verizon, with its tail between its legs, was forced to withdraw it's $2 convenience fee.

"At Verizon, we take great care to listen to our customers. Based on their input, we believe the best path forward is to encourage customers to take advantage of the best and most efficient options, eliminating the need to institute the fee at this time," Verizon CEO Dan Mead said in a statement.

The company faced an online uproar from its customers, just like BAC.