Even though you can eat all you want at an all-you-can-eat buffet, you can’t stay in the restaurant forever. Verizon echoes this sentiment by ending its unlimited data plan starting July 7, 2011.
Under the new tiered data plan, users pay according to the amount of data they use:
- $30 per month for 2 gigabytes
- $50 per month for 5 gigabytes
- $80 per month for 10 gigabytes
- And $10 for every gigabyte you use over your allotted data
Don’t panic too much though. About 95% of Verizon’s smart phone subscribers use less than 2 gigabytes of data each month, says spokeswoman Brenda Raney.
Also, customers who are currently using an unlimited plan will still be able to upgrade to another 3G or 4G LTE smart phone and keep their unlimited plan.
They seem to be following suit with AT&T and T-Mobile who scrapped their unlimited plans awhile ago when smart phones became prevalent. While this will be a thorn in the side of customers everywhere, Sprint is still a small beacon of hope because they are the last of the major carriers who are still offering the unlimited data plan.
***If you are still in distress, you might want to check out an awesome iPhone app called Onavo which compresses your data thereby decreasing your data usage and saving you money! It also gives you detailed monthly reports on how much data you are using. You’re welcome =) ***
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AT&T
In a Senate committee meeting on Wednesday, AT&T stood behind its decision to purchase T-Mobile, saying that the two companies united have a greater capacity for success in the wireless provider industry without “derailing” the competition. AT&T chairman and CEO Randall Stephenson claimed that with the acquisition of T-Mobile USA, AT&T would be able to provide high-speed wireless services to 97 percent of the US population as well as [the widely advertised term] fewer dropped calls.