Verizon will reveal a new shared data policy this summer and end its unlimited data option, according to CFO Fran Shammo. Currently, the company allows customers who had a $30-per-month unlimited data plan before Verizon’s switch to tiered plans last July to keep their unlimited plans when they upgrade their phones to LTE devices. That option will soon be eliminated, said Shammo, at the 40th Annual J.P. Morgan Technology, Media and Telecom Conference in Boston.
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Verizon Nixes Unlimited Data Grandfather Clause
Posted by: Rachelle Dragani May 17, 2012 10:55 AMVerizon will reveal a new shared data policy this summer and end its unlimited data option, according to CFO Fran Shammo. Currently, the company allows customers who had a $30-per-month unlimited data plan before Verizon’s switch to tiered plans last July to keep their unlimited plans when they upgrade their phones to LTE devices. That option will soon be eliminated, said Shammo, at the 40th Annual J.P. Morgan Technology, Media and Telecom Conference in Boston.