http://www.engadgetmobile.com/2007/...ess-you-opt-out

Apparently you have 30 days to opt out of your contract for free, also it adresses some privacy issues.


EDIT: cut/paste for lazy

Verizon plans to disseminate your data, unless you 'opt out'
Posted Oct 13th 2007 1:08PM by Darren Murph
Filed under: Verizon Wireless, Misc

Here's one that is sure to get the pro-privacy crowd all riled up, and rightfully so. Apparently, Verizon is sending out notices to customers that update them on all the fine print, but if you actually take a moment to peruse the documentation, you may notice something you're not exactly kosher with. The carrier is now planning on sharing its database of CPNI records -- which is defined as "data collected by telecommunications corporations about a consumer's telephone calls, including time, data, duration and destination" -- to outside sources unless you take the initiative to opt out. The notice claims that users will have to remove themselves from the process within 30 days of receiving the letter, or else it "will assume that you give the Verizon Companies the right to share your CPNI with the authorized companies as described above." We just can't see this going over well. [Warning: PDF read link]
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This has nothing to do with cancelling your contract and everything to do for restricting Verizon from sharing your info.

Important Information Regarding Your Customer Agreement

As part of our ongoing effort to ensure a consistent experience for all of our customers, Verizon Wireless has updated its Customer Agreement, a copy of which is enclosed. Depending on how recently you last activated a new line of service, upgraded your device or changed calling plans, the changes in this new Customer Agreement may be minimal. The "Your Privacy" section, however, has been updated to include information regarding Customer Proprietary Network Information ("CPNI") as well as information about how we may include our own or third-party advertising in the services you've purchased from us. These changes are consistent with the Verizon Wireless Privacy Principles, which can be found at verizonwireless.com. This new Customer Agreement will be effective at the beginning of your next billing period. For information about our rights to make changes to the agreement, please consult your original Customer Agreement, or the enclosed Customer Agreement

Number that you can call to opt out (same for all regions) 1800-333-9956.