" Verizon: You can have unlimited data... just no device subsidies"After a day of taking heat for its plan to kill off unlimited wireless-data plans entirely, Verizon says users can keep them after all. But there's a catch.
Verizon Wireless now says that existing customers can keep their unlimited data plans. They just won't be able to get a new subsidized smartphone and still keep the unlimited data plan.
On Wednesday, Verizon Communications chief financial officer Fran Shammo told investors during an interview at a JP Morgan conference that the company plans to force many of its existing unlimited data customers to a tiered offering. Verizon Wireless got rid of its unlimited data plan for new subscribers last July. But the company allowed existing smartphones users to keep their $30 a month unlimited data even when they upgraded to new devices and a new contract.
But Shammo said yesterday that Verizon now plans to get rid of those unlimited plans and transition those customers to a new data-share plan that will be introduced later this summer. "When you think about our 3G base, a lot of our 3G base is unlimited," he said according to a transcript. "As they start to migrate into 4G, they will have to come off of unlimited and go into the data share plan. And that is beneficial for us for many reasons, obviously. So as you pick what tier you want to be and we think that there will be some price up in those tiers."
FROM: news.cnet.com/8301-1035_3-57436642-94/verizon-you-can-have-unlimited-data..-just-no-device-subsidies/ |