STATEMENT OF COMMISSIONER ROBERT M. McDOWELL Hearing on Early Termination Fees June 12, 2008 Good morning. At the outset, I want to thank all of our panelists for appearing here today to share your views on Early Termination Fees (ETFs). I am pleased that we have broad representation – not only from the wireless industry, but also from video service providers, both DBS and cable, as well as distinguished scholars, our state counterparts and, most importantly, consumers. Since arriving at the Commission slightly more than two years ago, I have heard from an array of interested parties regarding ETFs. Over the past few months, some carriers have announced policy changes. Hopefully, more players will follow suit with even more consumer-friendly plans. In the meantime, I thank the Chairman, my colleagues and our panelists today for taking the time to explore this important issue. I am very closely listening and I have an open mind. I look forward to engaging with you in this dialogue.