Putting in a new national network, with new towers, new servers, lines, infrastructure, taxes, etc... it isn't free. It costs money. Huge money.
Most technologies start out high, and come down in price as time goes on. Computers, DVD players, etc... They cost money to invent and create, but as time goes on and volume picks up, manufacturing processes mature and costs come down, so does the price of the unit. BluRay players were $800 when they came out. So were VHS and Beta players. Now you can pick up a BluRay player from Costco for $49.
But cell phone technology seems to go the other way. Because it isn't the same product just being mass produced. It is a constantly changing and advancing technology that is being improved and deployed in mass quantities. That "economies of scale" never really sets in because the network has to keep updating... Just about the time you get it all updated, it's time to deploy the next big thing....
I think we do pay them a lot, but the bottom line is that we CHOOSE to do it. The prices are what they are. If it is too much, then go find a cheaper alternative, as there are several to pick from.
A business should be allowed to dictate their pricing. if it is too high for the market to bear, it will cost them and the free market, capitalism, will correct itself by either forcing them to lower prices to get more customers, or creating a void and demand in the market and some other company will step in to fill that.
It is obvious that the 1% here don't understand economics, demand vs. availability etc. They can only charge what customers are willing to pay, no more! Like several people mentioned here, if enough customers leave or drop services they will make adjustments.
I also agree with the comment that data usage now is a lot more than what it was when the unlimited plan started. They just need to adjust the data pricing, it shouldn't be $10 a gig, maybe $5 a gig.
My biggest problem is how they push these data hogging apps and want you to jump on the worlds fastest network while at the same time telling me you can't have an unlimited data plan.It's like I'm at an all you can eat buffet for one price then putting a 10 x bigger buffet out in front of me and telling me that it is the end of the buffet now you can only get 2 items from the spread for the same price as you paid for all you can eat.
If I owned company "A" and sold widgets I wouldn't let my customers have a say in the decisions I make. Why should I? The first chance they get for a better deal they will purchase elsewhere. It's an open market economy. We can only speak with our wallets.
Sent from my DROID RAZR using Tapatalk
From what I've read on other sites, Verizon has issued a reply to this, along the lines of the 3g folks won't have to worry about this till upgrade time, than if you wanna keep it, you have to pay full price for a new device, or simply stay with your old device. I think the same applies for 4g, here's one site where it's clarified....
Verizon Clarifies Discontinuation of Grandfathered Unlimited Data: Applies to New Subsidized Devices - Mac Rumors
Last edited by Bullitt6996; 05-21-2012 at 01:56 PM. Reason: link to info
Long live the "D"
D3-Maverick 4.0 witta hotspot hack!