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Although we had very favourable pricing back from Neos, once their draft contract came through there were several clauses buried deep within the presumably standard looking (26 page) DIA order contract which killed any potential deal for us:
1. recurring charges would be increased (but not decreased) on an annual basis by RPI + up to 4%
2. the charges can be varied by them at any time, with 30 days notice
3. charges were payable quarterly in advance
The last one is painful (for cashflow) and some degree of credit risk, but is not unheard of in wholesale telecoms. The first two are just cheeky in my opinion, erode completely any potential savings from switching but reflect the [censored] economic conditions / business times we are in I suppose.
Glad we didn't sign up!
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