Verizon May End Unlimited Data Plans for Smartphones

Verizon May End Unlimited Data Plans for Smartphones Verizon Wireless (VZ) is reportedly planning to unveil new, limited data plans next Thursday, according to a report from the tech site Engadget. If Verizon follows in the footsteps of archrival AT&T (T), this could mean the death of the unlimited data plan option for new smartphone accounts, a prospect that would be especially painful to consumers looking to take advantage of Verizon's new Droid X offering.

The affect such a decision might have on Verizon's bottom line is less clear. While the company would definitely benefit by freeing up space on its network, it would lose a major competitive advantage it currently holds over AT&T in attracting new customers. Verizon reports its second-quarter earnings Friday morning, and company executives will likely face questions from Wall Street regarding AT&T's recent moves and Verizon's planned response.

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Martha

I think 30.00 is a bit much for unlimited plan for if you're on a family plan & everyone wants this service there's simply no way we could afford it along with all 5 phones!!! A 9.99 plan sounds alot better---but they get you there with those megabytes!! I do not understand the concept of a megabyte {1.99 a megabyte} My children would not understand this either! Please stay with the 9.99 plan & do away with the 1.99 megabytes! The lower the volume--the more that people will come to enjoy their cell phone provider's services! Thanks

August 03 2010 at 7:53 AM Report abuse rate up rate down Reply