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Verizon Hints At Scrapping Unlimited Data Plans

Posted by Soulskill on from the where-are-the-antitrust-watchdogs dept.

BusinessWeek reports that Verizon may be preparing to follow AT&T's example by eliminating unlimited data plans later this year. Quoting: "'We will probably need to change the design of our pricing where it will not be totally unlimited, flat rate,' John Killian, chief financial officer of Verizon Communications Inc., the wireless unit’s parent, said in an interview at Bloomberg’s headquarters in New York today. The company anticipates 'explosions in data traffic' over wireless networks as new phones on 4G networks incorporate data-heavy applications, such as video downloads, he said. Verizon is working to keep its network running smoothly as more of its customers switch to smartphones that connect to the Internet. ... 'The more bandwidth that you make available, the faster it will be consumed,' said Craig Moffett, analyst at Sanford C. Bernstein & Co. in New York. 'From Verizon’s perspective, the last thing you want is for another generation of consumers to be conditioned to the idea that data is always going to be uncapped.'"

6 of 319 comments (clear)

  1. Not so backwards after all by lul_wat · · Score: 3, Funny

    Here I thought New Zealand was 10 years behind because we don't have unlimited data. Turns out we were 10 years ahead.

    --
    Divide a cake by zero. Is it still a cake?
  2. Re:Pimp tactics by Anonymous Coward · · Score: 1, Funny

    So to pay for data we will have to start giving blowjobs to random strangers on the street, just like iphone users?

  3. Re:I'm so fucking tired of capitalism. by Anonymous Coward · · Score: 1, Funny

    Does Socialism have unlimited 4G?

  4. Re:MBA solutions to technical problem by hedwards · · Score: 2, Funny

    Yes, and he's correct. Bandwidth lasts infinitely if nobody uses it. I say bravo on the courage to piss off your customers and chase them to the competitors. It takes real guts to preserve bandwidth in such a courageous way.

  5. Re:Why not raise the price instead? by WrongSizeGlass · · Score: 4, Funny

    Why cater to the customers needs in the first place? Just screw them as much as you can.

    If you're a hooker those two are one and the same. I'm just sayin'

  6. Re:I'm so fucking tired of capitalism. by AHuxley · · Score: 2, Funny

    Sure in your Zil limousine's, but the FSB and NSA will record every call and data packet.

    --
    Domestic spying is now "Benign Information Gathering"