Verizon to Phase Out Unlimited Data for Grandfathered Plans

During a recent conference hosted by J.P. Morgan, Fran Shammo, the CFO of Verizon Wireless, disclosed forthcoming changes to the company’s data plan structure.

According to a report in Fierce Wireless, Verizon intends to phase out the unlimited data plans currently enjoyed by customers who are grandfathered into this scheme. Starting this summer, any customer who upgrades from a 3G to a 4G device will have to switch to a new shared family data plan.

This new requirement will apply only to those transitioning to 4G phones, and involves a shared data plan that consolidates data usage across several devices.

The specifics of how this will impact existing 4G users with unlimited plans or those with 3G who do not wish to upgrade were not detailed in the report.

[Via GigaOM]

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Sam

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