Verizon Nixing Unlimited Data Plans in Favor of Tiered Options
In June, AT&T announced that it would begin phasing out unlimited phone plans, and replace them with capped, consumption-based plans. Now, Verizon is reportedly following in its rival's footsteps, and will begin introducing its own limited plans within the next few months.At an investor conference yesterday, Verizon CEO Ivan Seidenberg said that over the next four to six months his company would begin phasing out unlimited data plans, replacing them with a tiered system of consumption-based plans. As the Wall Street Journal reports, however, Seidenberg added that Verizon's plans probably won't be priced according to the same system that AT&T uses. "We're not sure we agree yet with how they valued the data," the CEO said. It remains unclear, of course, whether or not Verizon will charge more or less than its rival, which currently offers two monthly data plans: a basic plan that charges $15 for 200 megabytes of data, and a second service that offers 2 gigabytes for $25 a month.
As for the possibility of eventually adding the iPhone to Verizon's stable of products, Seidenberg remained elusive. "At some point, Apple will get with the program," he said, but refused to elaborate on speculation that his company would land the iPhone anytime soon. "I can't speak for Apple," the CEO said.





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Comments
4
Subscribe to commentsbmgray048Sep 24th 2010 4:18PM
Another way that Verizon and other cells carriers stick it to the consumer.
cspellSep 26th 2010 4:01PM
I just signed up with Verizon OVER AT&T because they had an unlimited data plan. I will never sign-up with any carrier that has limited data. Or pay $10 for 1GB of data like AT&T does over their 2GB limit. I really wanted an iPhone at the time, but there was NO way I was going to sign-up for a data plan that could deliver a big bill at the end of the month. I'm a very happy android user now with unlimited data for now. And if Verizon for some crazy reason takes away my unlimited data plan I will immediately cancel my service. And when all carriers go this route they will find that people won't buy the smart phones anymore. What's the point if the data costs too much when we are all already paying for data at home and on our phones and you want us to pay and pay. No thanks. Don't need it that much when I'm mobile.
RJHSep 27th 2010 5:35PM
I "WILL" boycott any service provider that doesn't provide an unlimited data plan, these companies need to get there little heads out of there ass, and start looking at the big picture, which is: "NO ONE WANTS CAPPED DATA", start living in the future and stop living in the past, as are technology grows everyday, unlimited data will be the top of the list for providing consumers what they want when they want, without the hassle of getting a big ass bill at the end of the month. I hope the FCC steps in and does something about our nationwide network, i am so sick of companies taking advantage of consumers!!
mes.wordsmithOct 4th 2010 5:47AM
Get real. Soon, as phones are almost exclusively data devices--with phone calls going to voip--you won't be paying for a minute plan, but will have multiple tiers of data. It's the next evolution in an industry that is excelerating in technology day after day. Those carriers who don't do this are discounting due to an inferior service being provided.