News by Dan Seifert on Wednesday May 16, 2012.
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Are you on Verizon Wirelesss and still hanging on to that unlimited data plan that you have been grandfathered into? You had better enjoy it while it lasts, as Verizon's CFO Fran Shammo indicated that the carrier plans to kill off the grandfathered data plans and get those customers still using them to its new data-share plans arriving this summer.
Speaking at a telecommunications conference, Shammo said that Verizon will use the migration to 4G LTE service as the catalyst to get users off of the grandfathered data plans, which are overwhelmingly used by 3G customers. The new data-share plans will allow family plan customers to purchase one data plan that can be used with multiple devices - something that many of us in the wireless industry have been clamoring for for years. Shammo did not reveal pricing information for the new plans, but they are expected to arrive by mid-summer.
Verizon launched its tiered data plans last July and stopped offering the unlimited data plan at that time. It has since allowed users that had the unlimited data plan before the tiered plans were introduced to keep the plan and enjoy unlimited data services as they had before. However, as these customers upgrade to newer devices, which, with the exception of the Apple iPhone, will be all 4G LTE devices, they will be forced to drop their unlimited plan and choose a new tiered option or data-share plan.
Verizon also noted that by the end of 2013, it plans to have its 4G LTE footprint to be as large or even larger than its 3G footprint.source: Fierce Wireless
Dan is MobileBurn.com's Editor-in-Chief. Based in Poughkeepsie in New York, Dan can be found on Twitter as @DCSeifert.