Recent reports suggest that Verizon will abandom unlimited data offering and change it to tiered data pricing model with the deployment of LTE (4G) according to Verizon Communications CFO John Killian.
In an interview with Bloomberg, Killian said that Verizon expects a huge demand for wireless data when 4G phones offer data-intensive applications like ,video and they “will probably need to change the design of our pricing so it will not be totally unlimited, flat-rate.”
Verizon estimates that its smartphone users typically use between 600 MB and 800 MB of data per month.
If you love unlimited data, don’t worry, Verizon has no intention of abruptly ending unlimited 3G data plans as AT&T has done noted one report.
Lowell McAdam said and an investors meeting “the model to me going forward is I expect that people will have realistically four or five or six devices that they have to connect to the network, and it may be as many as 20. And so I think you’re much more into the mode of instead of a device and a price plan, you are into let me buy a bucket of megabytes and I will use them any way I want.”
The heavy data use of iPhone owners has strained the AT&T network which lead them to cap their data plans after June 7 prior to the release of the new iPhone.