Verizon will kill 'grandfathered' unlimited data plans, push users to data share
My assumptions from this article -
Update:
Just some clarification. When these new data plans launch, the only way to lose unlimited data is if you upgrade your line and sign a new contract.
Verizon Wireless (NYSE:VZ) plans to eliminate the $30 per month unlimited data plan that it still provides to 3G customers who were "grandfathered" into the plan because they were data customers prior to the company's switch to tiered data pricing last July. Speaking at the 40th J.P. Morgan Technology, Media and Telecom conference, Verizon Communications CFO Fran Shammo said that as these 3G unlimited data plan customers migrate to 4G LTE, they will have to purchase the company's data-share plan (which Verizon plans to launch in mid-summer) and move off the $30 per month unlimited data plan. "Everyone will be on data share," Shammo said.
My assumptions from this article -
- This would only affect smartphone customers who use 3G phones, not 4G LTE - for now
- If an 3G unlimited data customer doesn't upgrade to a 4G device before this takes into effect, they won't have an option to have a 4G LTE unlimited data plan.
Update:
Just some clarification. When these new data plans launch, the only way to lose unlimited data is if you upgrade your line and sign a new contract.
Last edited: