Tiered Data plans coming to Verizon says CFO

| March 1, 2011 | 1 Reply

It looks like that $30 unlimited LTE for phones we have been hearing to come to Verizon will eventually end! When will it end you ask? “Mid Summer” is what CFO Fran Shammo told investors today at the Morgan Stanley Technology, Media and Telecom Conference is when Verizon Wireless plans to move to tiered data plans. No price was mentioned at the conference and from what was said it looks like they have finalized the details.

Hopefully the “soon” to be launched HTC Thunderbolt will get in on that rumored $29.99 unlimited data that current 3G phones enjoy at least for a little bit!

So ninjas does the tiered data plans from the Big Red come as a shock? Was it something you were expecting and will this sway your decision on buying one of the upcoming LTE devices? Drop us a comment and let us know!

As you may recall, VZW started answering questions about tiers in the summer of 2010 and even introduced a short-lived $15 version last October that is now gone thanks in part to the i*hone’s launch.  Before you get too thankful of Apple’s baby though, know that it will also be the reason we see much more permanent tiers some time this summer, according to Big Red’s CFO who just got done speaking at the Morgan Stanley Technology, Media and Telecom conference.  This news shouldn’t come as a surprise to anyone, but we wanted to point it out as this is the first time we’ve seen a Verizon exec pin point an actual time frame for deployment.

There wasn’t a mention of pricing, and we wouldn’t expect one this far out from launch, but that shouldn’t stop us from wondering how their 4G LTE and 3G plans could differ.  We’ve received word from multiple sources that when the Thunderbolt finally launches, that it will fall in at the $29.99 unlimited plan currently offered to all 3G smartphones.  Who knows how long that will last though.  And if that does happen, this might be one of the only times we’ll actually recommend you sign a 2-year contract to keep from paying out the derrière this summer.

Via:  BGRFierce Wireless


Source: Droid Life

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Category: Mobile News

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Co-owner and Editor-in-Chief of GizmoNinja.com.

During the day I work in graphic design and also do photography. By night I try to play with programming and code of all different types. I love the opportunity to write for the site and hope to see it grow as time goes on.

  • @papi92 says:

    Off to sprint or T-Mobile I go!