Wireless Unlimited Plans from Verizon, Soon to Be Cut Off

Verizon Wireless has lastly landed that iPhone.  So far, the sales of the iPhone 4 on the Verizon network are anonymity, and several guess that the sales haven’t been that strong based partially on the lack of outlet at stores on open day.

The lack of outlet might not be an excellent sign with Verizon CFO Fran Shammo announcing at a Morgan Stanley conference that several of the purchasers of the iPhone 4 on Verizon have bought online. 60% of the iPhone 4 smartphones that Verizon has sold online, Shammo declares.  One of the methods that Verizon enticed customers to the iPhone 4 on its network was to recommend a unlimited data plan for $30 monthly.

Wireless Unlimited Plans from Verizon

That indefinite plan was surely what moved several users to transfer from AT&T where they might have been grandfathered into the AT&T indefinite plan on the iPhone 4. On the other hand, Shammo notes that the indefinite plant will not last longer and the reports said that the plan might stop as soon as this summer. Shammo said the unlimited data plan was “not a long-term solution.”

Verizon has beforehand noted that it will strangle data for the top 5% of users, particularly in areas where those serious users pressure the velocity of the network on the whole. Verizon moreover observes more income in taking away the unlimited plan. “We have a very big opportunity at Verizon Wireless because 67 percent of our customers are either feature phones or multimedia phones. We see the potential of our customer base spending in that $30 to $50 range,” Shammo said.  Some of the characteristic and media phone users be able to choose for an not obligatory basic data plan for $10 for each month.