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Uh oh: Verizon Dropping Unlimited Data Plans Too?

During an interview with Bloomberg, John Killian, chief financial officer of Verizon, said his company would 'probably need to change the design of their pricing' and get rid of unlimited plan.

"We will probably need to change the design of our pricing where it will not be totally unlimited, flat rate," he told Bloomberg.

Killian went on to say that Verizon expects "explosions in data traffic" over wireless networks as new phones on 4G networks incorporate data-intensive apps, like video downloads. Verizon is eager to keep its network running as smoothly as possible, especially as smartphones become more popular with the masses.

Killian said Verizon is currently finalizing new data plans for its 4G network but added that he wasn't prepared to discuss specifics just yet.

Full story on BusinessWeek.

  • polly the parrot
    Awww no... :(
    Reply
  • sliem
    Either the internet is not ready for "unlimited 4G" or these companies (read: owners) need money to buy new car, helicopter, personal jet and islands.
    Reply
  • tipmen
    Come on Verizon don't follow AT&T......
    Reply
  • kyeana
    :(
    Reply
  • selits
    I don't mind them making different plans for rates/data for smartphones as long as its not they same as ATT... if Verizon had a plan where I paid $15 or less for 2 or 3GB, I would probably change my unlimited to it but they will probably be greedy...
    Reply
  • fusion_gtx
    Why would you follow in the path of AT&T? At least Verizon is giving it's customers a heads up. Still, kinda not cool.
    Reply
  • borisof007
    Normally I've been all gun ho in the opposition of these moves... until I recently took a look at my average monthly data usage.

    Turns out that on my Droid I only used a maximum of 200 mb of data a month, and I average about 150. If they run the route of AT&T, I could potentially save $15 bucks a month x2 because my gf and I both have Droid phones. Free $30 bucks off a month? I'll take that.
    Reply
  • hellwig
    Verizon and AT&T will have no problem with network congestion when people leave their networks for Sprint and T-Mobile (neither of whom could afford to follow suit, their unlimited plans are their saving grace).

    My father-in-law just bought an LG android device. The clerks at the store actually sold him on a 25MB data plan. I learned this after I downloaded a 5MB update to the Google Maps app over his 3G connection for him. Needless to say, he will be upgrading to a more capable package to avoid the inevitable overage charges. I guess Verizon is trying to cheat its customers just like every other company.

    I really don't understand pay-per-download, as even per-hour dial-up billing back in the day made more sense. Seriously, who plans to browse the internet for 32MB of data? But I'm sure some people plan to browse for an hour before stopping, so even time-based billing makes more sense than data (not that I like either idea).
    Reply
  • hellwig
    borisof007Normally I've been all gun ho in the opposition of these moves... until I recently took a look at my average monthly data usage.Turns out that on my Droid I only used a maximum of 200 mb of data a month, and I average about 150. If they run the route of AT&T, I could potentially save $15 bucks a month x2 because my gf and I both have Droid phones. Free $30 bucks off a month? I'll take that.
    You sir, are an idiot. You ever hear the old poem about how first they came for the jews, but I wasn't a jew so I didnt' speak up. Then they came for the gypsies, but I wasn't a gypsie so I didn't speak up. Finally they came for me, and no one was left to speak up?

    What if Verizon was planning on having only a 25MB and 100MB data plan? You wouldn't save $15, you'd pay an extra $35 when you had to buy a second 100MB chunk. Seriously, is anyone capable of thinking farther than 5-seconds ahead. Next month, this guy will use 201MB and bitch that Verizon charged him extra.
    Reply
  • ssddx
    I've had verizon wireless for about 5 years now and to date I have had little to complain about. Currently I am on the unlimited data plan for about $15/mo extra, however, as the other poster stated I doubt i use an excessive amount of bandwidth. The reason I like having the unlimited option is so I do not have to worry about going over some limit and getting raped for each kb/mb afterwards. Verizon, if you try to treat us like at&t I might have to rethink my options
    Reply