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Verizon To Kill All Unlimited Data Plans

afabbro writes "Verizon mentioned in an investor conference that it will be eliminating unlimited data plans, even for those it grandfathered in. From the article: 'Speaking at the J.P Morgan Technology Media and Telecom conference today, Verizon Communications CFO Fran Shammo told investors that the company's 3G unlimited data plans that customers were allowed to hang onto last year when Verizon switched to a tiered offering will soon go away entirely. Instead, the company will migrate its existing and new 4G LTE customers to a new "data share plan." The company has yet to announce the details of this new plan, but it has said previously that the data share plan will be introduced in midsummer. The plan will allow people on the same family plan to share buckets of data each month, much like they share voice minutes and text messaging. It will also allow individuals to share data across different 4G LTE devices.'"

2 of 331 comments (clear)

  1. Re:Rise of the discount carriers by Moheeheeko · · Score: 5, Informative

    With the el-cheapo carriers heavily advertising their cut-rate plans, how long can AT&T and Verizon keep it up? Why would anyone pay $80/month when they can get the same service from another carrier for less than $50

    Because that $50 plan from T-mobile or Sprint is next to useless with their shit coverage. I ran T-mobile for 2 years, I had above 2 bars maybe once.

  2. Re:Congratulations, Verizon by Anonymous Coward · · Score: 5, Informative

    Why wait? The moment Verizon changes your plan from "unlimited" to "limited" the contract terms have changed, and you can reject those new terms (thus voiding the contract).

    Be careful with that one... the fine print probably says if you reject the changes you are still bound to the contract with existing terms until the end of the
    contract... which means they would still hit you with an early termination fee that you would have to go to arbitration to get back.