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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...
03-01-2011, 09:05 PM #1
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.
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to another iPhone release, especially since many customers would likely be upset that their new Verizon iPhone will be "out of date" only months after its debut.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."
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03-01-2011, 09:17 PM #2
Haha I was waiting for this to happen!!
Take that all you verizon iPhone ppl. And for all those who left AT&T for verizon for the same reason take that as well...
What a scam seriously. Offer unlimited plans just to get more ppl to buy a verizon iPhone then once you get a good hand full remove that feature!!
03-01-2011, 09:18 PM #3
Haha that did'nt take long!
03-01-2011, 09:21 PM #4
Yes I was expecting this, but hopefully they allow people who took this opportunity to get unlimited to be grandfathered in.
I need unlimited which is why I switched. I tether and need Internet for schoolwork where I don't get wifi bc I'm hardly at home.
03-01-2011, 09:23 PM #5
Knew Verizon is gonna take it away... just a matter of weeks... Bring on the fanboys...
03-01-2011, 09:30 PM #6
lol this is the funniest thing I've seen in a while...it's like they offered unlimited data to get people to switch over to their network, and then in a matter of weeks they're just going to get rid of unlimited data for the iPhone. Hahahaha. If those who switched to Verizon aren't grandfathered in for unlimited data that would suck for them.
03-01-2011, 09:31 PM #7
LMMFGDAO!! they got screwed over!!! BIG TIME!!
03-01-2011, 09:35 PM #8
Scam? Didn't AT&T offer unlimited, then yank it away as well?
I never had one problem with AT&T, I loved them. Worked for them for 5 years. They just didn't have a tower close to my house, Verizon did. Verizon also had 3G coverage in the towns I regularly go to, AT&T didn't. They don't plan to for another year either.
You do realize the people that left had their reasons, mostly coverage in my case. Not everyone is a carrier fanboy hating on the other. Some people just don't realize that sometimes one carrier may do better for some than others depending on location, etc. Why does everyone have to pin it on ahwmagawd I'm going to the other playground cause they're cooler!!
Plus, those that already signed up and have the unlimited are going to be grandfathered in. If they're not, then they'll have the right to end their contract with no term fees. Then they can go anywhere they want.
03-01-2011, 09:37 PM #9
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03-01-2011, 09:44 PM #10
03-01-2011, 09:47 PM #11
Only one word to say: superg@y
03-01-2011, 09:51 PM #12
Verizon probably hustling those that are skeptic about Verizon service to switch now to lock in the Unlimited Data.
03-01-2011, 09:57 PM #13
03-01-2011, 09:59 PM #14
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03-01-2011, 10:03 PM #15
So to summarize, in a few weeks the American population will be once again screwed over for the iPhone by the phone companies? They will either be able to pay out the rear for the service on AT&T and get limited internet and no tethering. Pay a more decent amount on Verizon for a phone that will not work on GSM networks and get limited internet with no simultaneous voice and data. Or jailbreak their phone and use it on T-mobile with an unlimited plan but on EDGE.
If that isn't screwed than I don't know what is. Anyone who doesn't agree that limited internet is a scam obviously doesn't understand the basics behind it.
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03-01-2011, 10:03 PM #16
Well, even if I lose my unlimited data, at least I'll still have my good coverage. It's all about area and apparently mine doesn't do AT&T. Verizon is very dominant in my area, but I'm still hoping to get grandfathered in since I got in in time for unlimited data.
03-01-2011, 10:06 PM #17
Well hopefully they will grandfather people in
03-01-2011, 10:14 PM #18
And now to top it off, they are debating the restriction of the only good thing they had going for them: Unlimited Internet. Quite a business plan they have.
Last edited by ("\(.:...:.)/")~RaWr; 03-01-2011 at 10:20 PM. Reason: Verizon nonesense.
03-01-2011, 10:28 PM #19
It was too bad for me on AT&T so I'm on both sides. I sacrifices $500 to go to Verizon bc the amount I pay a year additional with my overages in data costs more than $500 a year.
So if you can get your foot in the door quick the second time around, it isn't so much "yay unlimited for me forever and none for you!" but moreso "thank goodness I had this second opportunity."
03-01-2011, 10:33 PM #20
I think everyone knew this was going to happen !!!
Correct me if I'm wrong but at least ours lasted until the 3GS !!!