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  • Verizon to Drop Unlimited Data Plans for iPhone


    In a move that many feared would come true sooner rather than later, Verizon Chief Financial Officer Francis Shammo suggested on Tuesday at an investors conference that Verizon will soon end unlimited data plans for its recently acquired iPhone. The demise of unlimited plans may transpire as soon as this summer.

    Verizon Wireless allows unlimited Web-surfing for $30 a month for users of its version of the popular Apple phone. But this will change in the coming months.
    Released just weeks ago on the Verizon network, the iPhone, Shammo says, simply had to be introduced with an unlimited data plan on the table. Why? Because Verizon "didn't want to put up a barrier" to potential iPhone buyers interested in coverage from Verizon. Shammo's comments, naturally, are being taken to mean that unlimited plans will end with the introduction of the iPhone 5, a fifth generation product that will certainly come with a CDMA version.

    Following Shammo's remarks, Credit Suisse analyst Jonathan Chaplin told Reuters that "I would take that comment as a pretty strong signal there's an iPhone refresh coming to Verizon in the third quarter." Chaplin, however, says investors may be rightfully apprehensive at this point with regard to another iPhone release, especially since many customers would likely be upset that their new Verizon iPhone will be "out of date" only months after its debut. "You'd be worried there'd be a backlash from consumers. What they don't want is for Verizon to be put in a position where its forced to offer free trade-ins," Chaplin says. "There's some risk of that."

    Source: Reuters
    This article was originally published in forum thread: Verizon to Drop Unlimited Data Plans for iPhone started by Michael Essany View original post
    Comments 86 Comments
    1. Verizon iPhone 4's Avatar
      Verizon iPhone 4 -
      I would see a lawsuit if verizon took the unlimited from everyone else that got it ....... aslong as we are grandfathered in i dont believe there will be a problem...
    1. alexevo's Avatar
      alexevo -
      As we have discussed before. If you have the unlimited plan and they discontinue it then you keep your plan until you initiate a change to a new plan. Any change from unlimited to limited constitutes a materially adverse change to you and allows you to break your contract without verizon legally being able to charge you an ETF.

      Att did the same thing and here I sit 2 years out of contract and still with my unlimited data plan.
    1. Denpad2010's Avatar
      Denpad2010 -
      Ok my English not too good, but I want to tell that I think Verizon will grandfather because right now I heva another line with $15 data plan is a smartphone a SAMSUNG fascinate to be exact, and I called customer service and the say there is no more $15 data plan so o kept my plan cause was before February when I actived the line so that's means they grandfathered that line I hope u understand my English bye
    1. p3ezi(4)'s Avatar
      p3ezi(4) -
      Quote Originally Posted by alexevo View Post
      As we have discussed before. If you have the unlimited plan and they discontinue it then you keep your plan until you initiate a change to a new plan. Any change from unlimited to limited constitutes a materially adverse change to you and allows you to break your contract without verizon legally being able to charge you an ETF.

      Att did the same thing and here I sit 2 years out of contract and still with my unlimited data plan.
      I agree...i called the clueless customer service about this. Spoke to different rep's and most told the same thing. Grandfather. if they do swipe it from under my feet i'm out of VZW. I'll find a way to flash my phone to MetroPCS and really be unlimited at a set price.
    1. BlackDoug75's Avatar
      BlackDoug75 -
      Quote Originally Posted by andrewb283 View Post
      Well not if they get grandfathered into an unlimited data plan. I'm on AT&T grandfathered in with an unlimited plan and MyWi. Couldn't be happier . So the people that switched, I'm assuming, will also get grandfathered in. Bottom line, no, their not screwed.
      So my question is. When my contract is up and I wanna change phones, even if it's another iPhone, will I lose the unlimited data plan?
    1. i.Annie's Avatar
      i.Annie -
      Depends on how Verizon feels by that time. Right now AT&T still lets people keep unlimited even if they upgrade to a new iPhone/iPad. It would be beneficial if Verizon did the same; but who knows if they will or not.