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Print 74 comment(s) - last by NellyFromMA.. on May 31 at 1:18 PM

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 FierceWireless.
 
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.

Source: FierceWireless



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RE: Irritating
By FITCamaro on 5/17/2012 7:19:13 AM , Rating: 2
Also known as what EVERY BUSINESS THAT HAS EVER EXISTED TRIES TO DO!

Business exists to make money. As much money as possible. Businesses set prices to where they are at their highest possible without losing customers.


RE: Irritating
By BSMonitor on 5/17/2012 8:43:55 AM , Rating: 2
Except Apple. They exist to control everyone. Because they are evil and hate choice and hate America and hate people.


RE: Irritating
By FITCamaro on 5/17/2012 9:11:07 AM , Rating: 2
Huh? If anything Apple is the perfect example of what I said. Their products prices are higher than anyone else's. They sell because of image and that most would rather blindly spend money on a sometimes inferior product than not have the latest device they're told is cool.


RE: Irritating
By lagomorpha on 5/17/2012 1:29:29 PM , Rating: 2
quote:
Businesses set prices to where they are at their highest possible without losing customers.


They just lost a few. Thankfully competition puts limits on prices and raises expecctations. Unlimited data was the only thing keeping me on verizon, I was really looking forward to getting one of the ice cream sandwich phones they've been dragging their feet on releasing. I suppose this has something to do with why I've been getting 3 calls a week begging me to renew my contract offering a measily 500 rollover minutes or texts. Sorry Verizon, you've failed me for the last time.


"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton

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