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: And then there was one
5/18/2012 2:15:20 PM
well the problem as I see it is that there is no such number as "unlimited" so every company has a number in mind when they offer services like this.
Now normally the few massive users are offset by the users that use nothing, however in reality what they are finding is that an increasing amount of people on unlimited plans are actually trying to download the entire internet on their phone. This in turn creates massive losses.
From the customers point of view, the problem is that 5gb (which is probably enough for 95% of people) doesnt sound as good as "unlimited"
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