Verizon Wireless to Kill Unlimited LTE Data, Even for Grandfathered Users
May 16, 2012 4:25 PM
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Verizon won't make any new friends with its latest attack on unlimited data
It appears that the unlimited wireless data "gravy train" is fast coming to an end. No matter which wireless network you use in the United States, they all are looking for ways to cripple "unlimited" data either by cutting off the plans altogether or
throttling data after a certain gigabyte threshold is crossed
Verizon Wireless is the latest U.S. carrier to punch customers right between the eyes when it comes to unlimited data. The company is ending the practice of allowing customers on grandfathered, unlimited 3G plans to move to an unlimited 4G data plan when upgrading to a new LTE phone. Instead, those long-time Verizon Wireless customers will have to sign up for a new plan with data caps according to
Verizon Communications CFO Fran Shammo explained the move at the 40th J.P. Morgan Technology, Media and Telecom conference, stating, "LTE is our anchor point for data share, so as you come through an upgrade cycle and you upgrade in the future, you will have to go onto the data share plan, moving away from the unlimited world."
Shammo is hoping that customers won't mind being kicked off unlimited data plans once Verizon Wireless' family shared data plans launch this summer.
"Everyone will be on data share," Shammo added.
Unfortunately, the company has yet to announce pricing for the shared data plans. However, we have the feeling that customers will be getting a lot less for their money with a family shared data plan than they do with the current grandfathered, unlimited 3G/4G plans.
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RE: Family Feud
5/17/2012 12:58:46 AM
Actually that would be more of a regular market. Want to turn it into a stock market, you've gotta hedge that risk with a secondairy task, say 25mb for doing the dishes or 75mb combined incase you fail to deliver to standards, then hedge those standards again with a diminished serving of potatoes.
Then watch it all blow up in your face, going to bed hungry and not getting any MB's. While your dad watches porn on his mobile. Then you'd have to occupy the bathroom. Which'll end up in disaster since there's never any food in a bathroom. So you come crawling back to the 1%, who has prepared more tasks to pay for your insolence.
So actually it would be a good preperation for life in general.
RE: Family Feud
5/17/2012 8:23:25 AM
This deserves a 6 IMO...
"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer
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