Verizon Clarifies Stance on Grandfathered Unlimited Data Plans

Verizon-iPhone

Yesterday, we reported that Verizon is planning to end grandfathered unlimited data plans when customers switch to 4G LTE smartphones.

Verizon issued a clarification to the New York Times today regarding the changes noting that the loss of the grandfathered unlimited data plans will be limited to customers upgrading to subsidized handsets.

Customers who choose not to upgrade their devices or to purchase devices at their original, unsubsidized prices will be allowed to keep unlimited data plans.

- 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 4G LTE smartphones.

While some customers won’t lose their grandfathered plans, the majority of Verizon subscribers will probably be affected regardless, as they’re interested in regular handset upgrades at subsidized prices. The next-generation iPhone is widely speculated to support 4G LTE networks, so iPhone customers looking to upgrade to this device while simultaneously preserving their unlimited data plans will have to pay the unsubsidized price for the handset.

Sprint remains to be the only major U.S. carrier to offer truly unlimited plans, and they plan to continue to do so even if the next-generation iPhone supports 4G LTE. AT&T hasn’t its plan yet, but based on CEO Randall Stephenson’s comment a few weeks back, though, we won’t be surprised if AT&T decides to discontinue grandfathered data plans with similar conditions as Verizon.

[via The New York Times]

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  • Que

    Well, I guess EBay will be my best friend when iPhone 5 comes out. I would rather pay $500-$600 on Ebay and keep my unlimited, than to pay $300-$400 for a contract and lose my grandfathered unlimited plan.

  • Kaz

    Assuming AT&T is going to follow the same trend.. I will have my iPhone 4S factory unlocked when my contact runs out.. Sell that factory unlocked iPhone 4S on eBay for probably around $500 (hopefully) and go buy a factory unlocked next gen. iPhone and keep my unlimited data plan :)

  • Luis

    greedy MFers

  • http://Verizon Its Bubba

    Verizon is in Breach of Contract…They changed the Conditions with Conditions to Keep the Grandfather Plan…

    If we Terminated Our Contract prior to the expiration Date…We pay the price for early Termination…
    Verizon, you can make your Own Rules/Change as you go…

    My Rule…I’m going to change too…Its will over time Effective your Pocketbook with less Revenue…and just maybe with Less Revenue…Maybe you’ll be Aquired by another Carrier in Time…REMEMBER…You were once the size of Sprint…Our Consumers made Verizon who they are today…
    Change is Good…but not for Verizon

  • Mike B

    THE HELL WITH VERIZON. IF THEY FORCE ME TO A TIERED PLAN I’LL GO TO SPRINT. SPRINT PROMISES TO KEEP UNLIMITED DATA. VERIZON WILL LOSE CUSTOMERS FASTER THAN NETFLIX. VERIZON AND AT&T WILL SEE THEIR CUSTOMERS FLOCK TO SPRINT.