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."
They can do tiers the same way that (most - at least in the US) ISP's do - you base tiers on bandwidth (which inherently caps data usage). If you want the $15 a month data plan, you get say 75 KB/s, $25 a month will get you 150 KB/s, $35 gets you 300 KB/s, etc. It's fully workable, keeps people from ending up with no data / insane extra fees, and allows the phone companies to not use as much bandwidth.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." ~Thomas Jefferson