Verizon Confirms Plan To Switch Away From Unlimited Data Plans
loafula writes "Looks like Verizon is going the way of AT&T by not offering new unlimited data plans and switching to a tiered-only plan within six months. Verizon CEO Ivan Seidenberg said the new plans would be different from what AT&T offers, but didn't provide further details. 'We're not sure we agree yet with how they valued the data.' Everybody take a good look at your contracts; this will be a nice opportunity to jump ship without the hefty fee."
Verizon doesn't have an "unlimited" (as in uncapped) data plan, at least not here in GA. You get to chose 250MB/month (!!!) or 5GB/month. I believe they do use the word "unlimited", but it's a lie -- the caps have been in place for at least the 30 months I've been with them.
Caveat Utilitor
People keep clamoring for a Verizon iPhone, but Verizon is the last company you would want to see get its hands on something like that.
Verizon has good coverage, but their customer service is, by all accounts, absolutely atrocious. And now it has gotten to the point where a CSR can get in trouble for helping you save money:
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Verizon has also shown time and time again that it will lock down phones to an extreme degree. If you think AT&T's reluctance to allow tethering is a problem, wait until Verizon gets to dictate terms.
The company nickels-and-dimes its customers to a degree that is shameful even by U.S. cell phone company standards. I have my fingers crossed for an alliance between Apple and T-Mobile. Verizon is just a terrible company.
Nothing wrong with that, except that it would reduce the company's income. You see, having a tiered account is a beatiful system where each customer gets screwed in their own unique way! Unless you are using exactly 200MB, you will pay extra. If you use less than 200MB, then you have paid for some bandwidth and didn't use it. If you go over 200MB, then you pay exorbitant extra fees for every MB. It's perfect. If everyone actually paid a fair price for what they used, Verizon would make a lot less money (same applies to cell phone minute plans, btw).
Also, it is fair to point out that unlike electricity, bandwidth usage does not have much of a cost - the infrastructure is everything. If the networks were completely unused, the savings in maintenance would be negigible.
Not to brag or anything, but damn that's expensive. Here in northern europe, the prices are roughly as follows:
4,90 euros = 6,6 dollars for unlimted data with a maxium speed of 321 kbit/s
9,90 euros = 13,2 dollars for unlimited data with a maxium speed of 1 Mbit/s
14,90 euros = 20,1 dollars for unlimited data with a maxium speed of 15 Mbit/s (with HSPA)
Now, I understand that most mobile usres don't really have the need for unlimited data if they only browse the net and read emails, but it boggles my mind how the cheapest packet for merely 200 megs is twice the price of the cheapest unlimited packet here. Wtf?
"It is the business of the future to be dangerous" -Alfred North Whitehead
I have AT&T with an unlimited data plan, and when I upgraded to the iPhone 4, they specifically ASKED if I'd like to keep my unlimited data plan.
No, this is totally incorrect. T-Mobile and Sprint in the US both provide truly unlimited data. On Sprint, for example, I used 50GB a month for a few months on the 3G network before I bought a Clear 4G subscription.
Brian Fundakowski Feldman
Verizon requires a $30/month unlimited data plan with (some?) smartphones. This is distinct from the 5 GB/month data plan that you can buy separately. I would assume that so few smartphone users exceed 5 GB that they figure it's more profitable to advertise it as unlimited. Especially since people tend to greatly overestimate their data usage. OTOH, all tethering plans are limited.