UPDATE: In response to the rather vocal outcries of many of its subscribers on the web, Verizon has clarified what will happen to 3G/4G data plans explicitly.
The takeaway is this: anyone purchasing a smartphone from this summer forward on subsidy pricing will be pushed into tiered/shared data. If you choose not to buy a smartphone on subsidy, you can keep your unlimited plan if you choose to.
This means if you renew your 2-year agreement, from this summer forward, on any line by buying a "discounted" phone, you lose unlimited.
Here are the exact statements:
Source: Android Police
- Customers will not be automatically moved to new shared data plans. If a 3G or 4G smartphone customer is on an unlimited plan now and they do not want to change their plan, they will not have to do so.
- When we introduce our new shared data plans, Unlimited Data will no longer be available to customers when purchasing handsets at discounted pricing.
- Customers who purchase phones at full retail price and are on an unlimited smartphone data plan will be able to keep that plan.
- The same pricing and policies will be applied to all 3G and 4GLTE smartphones.
In a move that is sure to anger a massive swath of its customers, Verizon CFO Fran Shammo, at the Global Technology, Media and Telecom Conference in Boston, announced that Verizon plans to eliminate grandfathered unlimited data plans permanently.
Customers that were grandfathered in with pre-existing unlimited 3G data plans will have to purchase Verizon’s data-share plan that it plans to unveil this summer, when they transition to 4G LTE service. “Everyone will be on data share,” he said.
No specifics were give on this new plan that will launch in the summer, but consumers who opt for the family plans will likely benefit the most.
Here is a quote from the source of this article with more info:
It is not clear what they plan to do with folks who are on a 4G LTE grandfathered unlimited plan, but essentially those folks might be considered hold-overs from the unlimited 3G data era, and they might fall under this as well. We will dig deeper to see if it becomes more clear, but it is looking like the folks on 3G unlimited data plans are the only ones targeted right now.When asked how Verizon will drive customers to this new data share plan, Shammo said that LTE will be the anchor for the new plan and that as customers upgrade from 3G to LTE, they will have to be on a data share plan, allowing the company to sunset its unlimited 3G data plan. "A lot of our 3G base is on unlimited," Shammo said. "When they migrate off 3G they will have to go to data share. That is beneficial to us."
Thanks to all our tipsters and especially ROLLTIDE1 for getting it posted first here at DF!
Source: FierceWireless and VZW