Verizon Offers Little Clarification on Killing Unlimited Data

Yesterday, Verizon CFO Fran Shammo dropped a bomb on owners of grandfathered unlimited data plans saying that the company would be killing those in favor of shared data. Shammo’s announcement though was unfortunately light on the details. Today, Verizon has released a vague statement promising to clarify that policy change when its shared data plan gets closer to launch.

Shammo made it clear that the company will no longer be offering unlimited data to those moving to 4G LTE data plans once shared data arrives sometime this summer. However, Shammo wasn’t very specific about any of the details in regards to the policy change.

Verizon Offers Little Clarification on Unlimited Data Disappearing In fact, it now sounds like he may have jumped the gun a little bit.

Verizon has released a statement saying that it will be announcing policy changes, should they occur, well in advance of them actually rolling out which will give customers time to weigh their options.

Here is Verizon spokesperson Brenda Raney’s entire statement:

As we have stated publicly, Verizon Wireless has been evaluating its data pricing structure for some time. Customers have told us that they want to share data, similar to how they share minutes today. We are working on plans to provide customers with that option later this year.

We will share specific details of the plans and any related policy changes well in advance of their introduction, so customers will have time to evaluate their choices and make the best decisions for their wireless service. It is our goal and commitment to continue to provide customers with the same high value service they have come to expect from Verizon Wireless.

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What this means is that Verizon customers with expiring contracts who were hoping to upgrade to unlimited data still have no idea how much time they have. It also means that those on 4G LTE contracts with unlimited data still have no idea where they stand either.

Verizon has said summer for shared data so it could definitely be a tense month or two for those on the bubble.

The carrier’s shared data plan, something that rival AT&T has confirmed as well, will allow for multiple devices to pull from a bucket of data.

Verizon still has no shared pricing of the data plan although it has been rumored to cost $9.99 per device.

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AT&T, for its part, has not yet announced when it will begin offering a similar plan but it’s safe to assume that it will likely have it in place around the time that Verizon implements its offer

Comments

  1. Alan says

    As long as I can upgrade my DInc to the new DInc 4G w/ a 2 year contract extension and keep my unlimited plan for those 2 years I’ll be happy. Hopefully by then tiered data sizes will go up and prices go down.

  2. Alex Perry says

    If this announcement is anything like their update announcements, it probably will be next year before they get around to actually doing this.

  3. Eric says

    People are going to start netflixing Verizon because the public outcry has really gotten intense. Everyone is saying they will leave them. So indeed, let’s netflix them! Sprint and T-Mobile and other companies have better service (and unlimited plans for reasonable cost) and they will be getting the customers.

  4. TBolt 13 says

    Verizon should re think this! Many people will not renew to keep their unlimited contracts which leaves them free to jump to another carrier at any time. The phone manufacturers will have to drop their prices to sell their newest phones. I have 5 phones on the big red and I will not upgrade my phones unless absolutely necessary-and then I’ll get one from ebay!

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