Verizon will launch new plans w
“Customers will also be able to see how much data they are carrying over from the previous month through the app”, according to the report.
The monthly cost of Verizon’s “M” plan will go up by $5 to $50; with its data to increase from 3GB to 4GB.
Verizon notes that the new plans offer at least 30 percent more data than before, but the prices of each tier have gone up between 10 and 17 percent. By April 2016, the average increased to 2.7 GB per month. But with more data usage comes the increased likelihood of going over your monthly data allowance: To that end, Verizon also plans to release an app that will allow you to turn on “Safety Mode”, which would prevent you from going over your monthly data limit.
Verizon is giving you more for more.
“We’re a leader, not a follower”, Verizon CFO Fran Shammo said a year ago after T-Mobile unveiled its own rollover data option. Verizon is charging $20 per month for smartphones, $10 per month for tablets and mobile hotspots, and $5 per month for a connected device like a smartwatch. This gives you an additional gigabyte of data for $15.
30% more data – a new plan has five simple sizes, each with 30% more data.
While this move will make this carrier’s plans more expensive, lovers of the internet will relish in the fact that there will be larger data packs on offer.
T-Mobile US and Sprint lost no time in reacting to Verizon’s rate plan changes, announced yesterday.
The XL plan will see an increase of $10 to $90 with a 16 GB total data allotment instead of the current 12GB. Verizon says that the throttled speeds will be limited to 128kbps until the next billing cycle, which is significantly slower than the carrier’s standard LTE service. Each level features unlimited talk and unlimited text.
This week the folks at Verizon have revealed their new My Verizon app – as well as a new set or prices for all customers.
XXL – $110 a month for 24GB, up from $100 for 18GB.
Because people are keeping their phones longer – and therefore thinking about switching carriers less often – competitive pressure this fall could be even more intense, Mr. Moffett said.