The ride is over for VZW customers who were able to keep their unlimited plans for this long (VZW introduced tiered pricing some time ago, but existing customers were allowed to keep their unlimited data plans), as Verizon is dumping unlimited data plans completely.
Verizon CFO Fran Shammo – now hated by many VZW customers big time – explained that “you will have to go on to the data share plan” and basically have no choice in the matter.
Why is Big Telco dumping all the unlimited plans?
This is a classic case of overselling the service and not having the infrastructure to back it up. Big Telco has been notorious for doing thing ever since mobile phones became popular, and it’s not going to stop any time soon.
Well, not until long-range Wi-Fi becomes a real thing and everyone dumps Big Telco for Skype or Google Voice.
Via The Consumerist
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