Verizon CFO Fran Shammo has clarified statements made about Verizon’s termination of unlimited data plans. Verizon still plans to move all customers to tiered data packages, but some customers who use unlimited data packages can keep their current plans.
For example, customers who recently upgraded from 3G to 4G and kept their unlimited data package can keep using the unlimited plan until their next phone upgrade.
Additionally, customers can also keep unlimited data plans if they buy a new smartphone at its full retail price.
“When we introduce our new shared data plans, Unlimited Data will no longer be available to customers when purchasing handsets at discounted pricing,” explains Verizon.
Customers do not often buy smartphones for full price, instead choosing to get a discounted price in exchange for agreeing to a new two-year contract with Verizon.
Verizon CFO Fran Shammo has clarified statements made about Verizon’s termination of unlimited data plans. Verizon still plans to move all customers to tiered data packages, but some customers who use unlimited data packages can keep their current plans.
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