Verizon Communications CFO Fran Shammo shattered many a hopes and dreams today speaking at the J.P. Morgan Technology, Media and Telecom conference. During his address, Shammo indicated that customers who have been grandfathered in to the unlimited data plan may soon find themselves pushed into tiered territory, with the debut of the carrier’s shared data plans. “Everyone will be on data share,” Shammo said, clarifying that, “a lot of our 3G base is on unlimited… [and] when they migrate off 3G they will have to go to data share.” Obviously, with many customers clinging desperately to their truly unlimited usage in the shift to LTE, such a move would ruffle more than a few feathers. It’s not clear if this will affect customers who have already made the leap to LTE devices or if it will be limited to customers migrating from 3G phones after a particular cut off date. We’ve reached out to Verizon for comment, but so far Big Red is keeping mum. We’ll just have to take Shammo at his word for now. We hope you like data caps. To hear the comments in full hit up the source link.
Posted in: News– May 16, 2012