Verizon CFO Fran Shammo said that the company’s 3G unlimited plan that customers enjoyed for about a year now will be switched to a tiered offering. The company will migrate all existing subscribers and 4G LTE customers to a data share plan.
Verizon has previously said that they will be introducing this data share plan this summer. This will allow members of a same family plan to share data each month.
The company terminated their unlimited data plan last July. Their rival AT&T did this a year ago.
Shammo said, “Everyone will be on data share. When they migrate off 3G they will have to go to data share. That is beneficial for us.”
The pricing of the plans have not yet been released. But according to Shammo, this will make it easier for families and small enterprises to connect multiple devices.
T-Mobile USA and Sprint Nextel still offers unlimited data plans to their subscribers. T-Mobile slows down users if they consume big data every month. Sprint on the other hand claims that they are the only carrier in the US that offers the unlimited data plan.
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