Wednesday, May 16, 2012

Verizon CFO says grandfathered unlimited plans on the way out

Verizon CFO says grandfathered unlimited plans on the way out

Verizon Communications CFO Fran Shammo shattered many a hopes and dreams today speaking at the J.P. Morgan Technology, Media and Telecom conference. During his address, Shammo indicated that customers who have been grandfathered in to the unlimited data plan may soon find themselves pushed into tiered territory, with the debut of the carrier's shared data plans. "Everyone will be on data share," Shammo said, clarifying that, "a lot of our 3G base is on unlimited.

Engadget, Verizon CFO says grandfathered unlimited plans on the way out