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End is neigh for Verizon $30 unlimited plan  (Source: Apple)
Verizon predicted to sell 2M iPhone 4s this quarter

Verizon Wireless has finally landed that iPhone that it has wanted for so many years. The sales of the iPhone  4 on the Verizon network are a mystery so far, and some suspect that the sales haven't been that strong based in part on the lack of lines at stores on launch day.

The lack of lines may not be a good indicator with Verizon CFO Fran Shammo announcing at a Morgan Stanley conference this week that many of the buyers of the iPhone 4 on Verizon have purchased online. Shammo claims that 60% of the iPhone 4 smartphones that Verizon has sold were sold online. One of the ways that Verizon lured customers to the iPhone 4 on its network was to offer an unlimited data plan for $30 monthly. Analysts predict that Verizon will sell two million iPhone 4 smartphones this quarter reports Bloomberg.

That unlimited plan was certainly what moved some users to migrate from AT&T where they may have been grandfathered into the AT&T unlimited plan on the iPhone 4. However, Shammo notes that the unlimited plan will not last forever and Bloomberg reports that the plan could end as soon as this summer. Shammo said the unlimited data plan was "not a long-term solution."

Verizon has previously noted that it will throttle data for the top 5% of users, especially in areas where those heavy users threaten the speed of the network on the whole. Verizon also sees more profit in removing the unlimited plan. Shammo said, "We have a very big opportunity at Verizon Wireless because 67 percent of our customers are either feature phones or multimedia phones. We see the potential of our customer base spending in that $30 to $50 range.” Many of the feature and media phone users can opt for an optional basic data plan for $10 per month.

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By Master Kenobi on 3/2/2011 7:30:44 PM , Rating: -1
Now that AT&T got away with boning people, Verizon will follow suit and proceed to rape everyone. Soon afterwards T-Mobile and Sprint will too. Good to see raping people for every cent is always a tried and true strategy. /sarcasm

RE: Figures
By HrilL on 3/2/2011 8:22:06 PM , Rating: 2
Heh We're looking at switching from At&t as our contracts end. We have about 25 iPhones on our company account. If Verizon cans unlimited data while they're trying to get our business they can screw themselves. As of now in our town At&t's data network is by far better than Verizon's. Verizon 3G =avg 600Kbps and At&t = avg 1.4Mbps. So by the sound of this when we finally get LTE here (estimated to be late June) They won't have Unlimited data. I guess we'll just have to suffer with HSPA+ for another year with At&t that will be almost just as fast anyway.

RE: Figures
By Master Kenobi on 3/2/2011 9:22:29 PM , Rating: 2
Yea, it'll depend though. Verizon typically always has "unlimited" options if you get the higher tiered packages rather than adding it on as a separate component. Wonder if there will still be a voice/txt/data package that will contain unlimited text and data.

"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs

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