• Verizon Releases Statement Regarding its Stance on Unlimited Data Plans

    Verizon recently issued a statement clarifying its position on grandfathered unlimited data plans. The wireless carrier reiterated that the all-you-can-eat option will only terminate when customers upgrade to a new subsidized smartphone.

    The statement was sent via email to the New York Times to help quell the reports which were claiming that current unlimited data subscribers would be forced into moving to capped shared data plans expected to launch this summer. It has been clarified that customers with unlimited data plans will continue to be grandfathered into the new pricing model that allows multiple users to share data on a single contract. Once the new plans debut, subscribers who choose to take advantage of subsidized phone pricing when upgrading will no longer have the option to continue the unlimited data service. For those of you who are interested, you can find the emailed statement below:

    – Customers will not be automatically moved to new shared data plans. If a 3G or 4G smartphone customer is on an unlimited plan now and they do not want to change their plan, they will not have to do so.
    – When we introduce our new shared data plans, Unlimited Data will no longer be available to customers when purchasing handsets at discounted pricing.
    – Customers who purchase phones at full retail price and are on an unlimited smartphone data plan will be able to keep that plan.
    – The same pricing and policies will be applied to all 3G and 4GLTE smartphones.
    Unlike what many reports around the web are stating (including our previous report), it will likely take several years to phase out unlimited data plans, although Verizon is strongly pushing their customers away from that model. Verizon Wireless’ CFO, Fran Shammo, was the one who caused all the confusion by saying “when [customers] migrate off 3G, they will have to go to data share.” Although this is true in some cases, the company’s policy clearly allows for the continuation of unlimited data access if customers pay full price for new handsets.

    Source: New York Times
    This article was originally published in forum thread: Verizon Releases Statement Regarding its Stance on Unlimited Data Plans started by Akshay Masand View original post
    Comments 24 Comments
    1. dykzeulb's Avatar
      dykzeulb -
      When is the date this is supposed to happen?
    1. i.Annie's Avatar
      i.Annie -
      Let's see...I pay $30 a month for unlimited data. So a two year plan that's $720 plus $650 for the new iPhone. Plus tax on the phone...So I am looking at about around $1400 to spend total in two years (not counting voice since that's not affected here).

      Alternatively, if I opt to use my discounted pricing, the phone is $200. I have to lose my unlimited data, I use about 5GB a month so that's $50. $50 for two years is $1200. Add that to the phone plus tax is over $1400.

      So it's actually slightly (oh so very slightly) cheaper for me to keep my unlimited data and buy the iPhone at full retail price. It'll be much cheaper if I chose to use my discounted pricing and not use 5GB a month. I calculated that total if I used 2GB a month to be just under $1000 in two years vs $1400. To save $400 and give up 3GB a month of data...well if I would care to express how I feel about Verizon right now...

      I hope T-Mobile comes up with something nice for me...I'd hate to sacrifice the iPhone to move to T-Mobile. With prices nowadays though, I might just have to.
    1. petrusk's Avatar
      petrusk -
      Quote Originally Posted by dykzeulb View Post
      When is the date this is supposed to happen?
      Probably right before 'the new iPhone' (lol). I mad !!
    1. reopeadres's Avatar
      reopeadres -
      The overloading of existing infrastructure is getting old. Yea yea yea i thought LTE networks were going to fix this problem, and if a company is using a 20 mhz band it doubles the available bandwidth of there network. Seems to me this is a money grab from companies to pull that extra revenue in.
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