The Wall Street Journal is reporting that Verizon Wireless CEO Ivan Siedenberg revealed at an investor conference yesterday the carrier's plans to introduce in 4 to 6 months new tiered data plans which will be the end of the unlimited data plan previously enjoyed by many Android users. This news shouldn't come as a surprise to many, as Engadget hinted at this change in strategy back in July.
The 4 to 6 month timeframe for the change in data plans aligns with the planned rollout of Verizon's 4G/LTE network by the end of the year, which likely means that LTE plans will be part of the new pricing scheme.
Phandroid comments that "it is unclear whether tiered pricing will apply only to 4G, which is also set to launch in the same timeframe, or if it will be slapped across the board for 3G as well."
Exact details on pricing and how the new plans will be structured is not yet known, but the Mr. Seidenberg did reportedly indicate that "Verizon Wireless's new data plans, which will likely roll out over the next four to six months, would be different from AT&T's plans" but gave no further details.
According to the Wall Street Journal article, Mr. Seidenberg said that Verizon has not decided if they will be taking a similar approac to the way AT&T values their customers' data usage.
The question posed last time remains unanswered, which is: will Verizon allow customers already on unlimited data plans to be grandfathered in and continue to pay the same rate, or will those customers have to choose a different data plan once their two-year contract runs out?
Image from Engadget
Source: The Wall Street Journal
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