Verizon to end unlimited data plans this summer

Verizon to end unlimited data plans this summer

Summary: The Verizon CFO indicated today that the carrier's conversion to metered data usage will take place this summer, about the time Apple is expected to introduce the next iPhone model.

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TOPICS: Verizon
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Verizon Wireless has not been shy in the past about admitting it wants to charge all customers with mobile data plans based on a usage tier. CFO Fran Shammo indicated today that the conversion to metered data usage will take place this summer. This timing would put the Verizon switch from unlimited data for a fixed monthly fee to a tiered fee based on actual data usage about the time Apple is expected to introduce the next iPhone model.

Shammo also stated that Verizon expects a backlash from current iPhone customers when the new iPhone model is announced, as those customers will be locked in a contract with the older model phone. He went on to state that the carrier would see a financial hit for a quarter after a new iPhone hits the market.

Smartphone owners have grown used to the unlimited monthly data plan, and may be in for sticker shock once the conversion to metered usage takes place. Customers will have to pay attention to how they use the smartphone under such plans, as common activities like streaming audio/ video will keep the usage meter clicking.

Topic: Verizon

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42 comments
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  • RE: Verizon to end unlimited data plans this summer

    F.U. Verizon! ...They sent out a survey asking if we had any complaints about the company. YES! This is the problem! They know that they are a big company and have customers happy with their phones and coverage so they can charge outrages prices for their plans! Its bs...you would think a company that is as big as Verizon would have lower prices BECAUSE they have so much money coming in.....
    ITman370
    • That's the way the free market works ...

      @ITman370 ... supply and demand. If VZW raises the rates beyond what people are willing to pay, people will leave.

      By and large, those are the people who are using more than their fair share of bandwidth - leaving plenty of room for people who are willing to pay for what they use.

      Those that leave will either find a plan they like (and service they will accept) or they will come back to VZW. It's a risk for Verizon but not a very big risk.

      Don't like it? Find another carrier. No skin off anyone's back but yours.
      M Wagner
      • Fair share?

        @mwagner@...

        The customers were paying for unlimited usage plans. A "fair share" doesn't apply.
        Hallowed are the Ori
    • This is bait & switch

      They bait you with 'unlimited' plans and iPhone envy and then BANG! The rules suddenly change.

      If you didn't see that coming then you deserve whatever hit you get. Fools.
      search & destroy
  • RE: Verizon to end unlimited data plans this summer

    Thats what I am expecting all the time about Verizon's data plans and it is here.
    Ram U
  • How are data caps creating quality service?

    If I have to always check a meter prior to using a phone, I will not buy. Verizon has not learned that it needs bandwidth even with a new LTE service? They had to know. This is engineered scarcity at its best. Completely made up problem. Pound sand Verizon I'm out.
    clynx
    • Any new plan will be no different ...

      @clynx ... than buying 'blocks' of minutes - 450 minutes, 900 minutes, unlimited minutes. Data will look something like that (except perhaps they won't have an unlimited tier). So?
      M Wagner
  • RE: Verizon to end unlimited data plans this summer

    I can't say I'm against a tiered data plan as that could make smart phones more affordable however the price has to be right. The $30 for unlimited is a bit of a ripoff but then again so is the $15 for 150mb too. If they could bump up the minimum data plan to say 1gb or 2gb for $15 that would be well worth it. Given that its Verizon we are talking about I don't see them doing that though.
    Loverock Davidson
    • RE: Verizon to end unlimited data plans this summer

      @Loverock Davidson
      for once I agree with you. More price points are better than a flat $30 fee. streaming and watching video on a tinny screen I find to be moronic and I have no compassion for those dumb people being (over)charged.
      Linux Geek
      • Whatever the price ...

        @Linux Geek ... it will be whatever it takes for Verizon to attract and keep the customers it wants and cut loose the customers it doesn't want. (Those who expect something for nothing.
        M Wagner
      • RE: Verizon to end unlimited data plans this summer

        @Linux Geek

        Let them eat cake...

        I have a trucker friend, for whom his Evo (with a truly unlimited data plan with Sprint) is his primary internet connection. He sometimes uses it to watch videos and streaming content on its "tiny" screen, because that's all his situation allows for. At other times, he wirelessly tethers his Evo to his laptop and streams *unlimited* amounts of content. It costs him about $80/month, and for another $30 a month he (legitimately) shares his 3G/4G connection with several other devices.

        Compared to $90/month for 5GB... that's a steal.
        I'm starting to rethink my desire for a Droid X or Bionic, and stick with Sprint, just get an Evo, instead of my Moment...
        hiraghm@...
    • The current tiered pricing is ridiculous

      @Loverock Davidson - Being completely new to using a smartphone and data plan, I chose Verizon primarily because of its unlimited plan. I'm in a rurual area and those that I know that have data plans on a phone (only a few people), and the sales people at the carrier stores could not give me any useful information about how much data I would be likely to consume. The current fixed amount plans from either Verizon or AT&T (basically the only real games in town here), seem to be ridiculously low blocks of data (10MB? I think there are some web pages that would eat that amount up after relatively few visits, not to mention email, apps and everything else) - particularly apps that seem to always run in the background with no real user control (another thing that kind of perplexes me about Android). The overage charges imposed by either carrier for exceeding that fixed amount seem excessive - even beyond the difference in price between the tiers. From the few months that I've been using my Droid X, I would have exceeded the tier data amount on both carriers, which would have cost a considerable amount. In a nutshell, I agree that tiered use plans aren't necessarily bad as long as the data allocation and prices are reasonable AND that there's not an excessive penalty for exceeding the tier.
      kgross
  • RE: Verizon to end unlimited data plans this summer

    Sorry duplicate.
    slickjim
  • RE: Verizon to end unlimited data plans this summer

    That's fine because Metro is going LTE as well so as soon as I get the xoom upgraded to LTE I will get a plan through Metro and forger about the verizon fees.

    Then I just get a basic phone with keyboard for texting.
    slickjim
  • Is Sprint the last one standing?

    Looks like Sprint will be the last major wireless carrier in the US left offering an unlimited plan.... and who know how long that will last. If they're smart, they'll use it as a club to beat Verizon and ATT, at least in the short term.
    marlinspike
    • RE: Verizon to end unlimited data plans this summer

      @marlinspike
      Boost Mobile
      dalspartan
    • RE: Verizon to end unlimited data plans this summer

      @marlinspt-mobile has one too I am fortunate to be on itike
      stevejg61
    • Of course they will. Competition is good for everyone!

      @marlinspike
      M Wagner
    • RE: Verizon to end unlimited data plans this summer

      It's pretty much Sprint's only advantage at the moment. They'd be wise to stick with it.
      search & destroy
  • RE: Verizon to end unlimited data plans this summer

    That would do it. Bye Bye Verizon.
    jsmithling