New era, iPhone 5 to release with less enticing Verizon plans

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Verizon has only had the iPhone 4 for just under a month, but is already planning on changing the way it charges for data. By the time any new iPhone 5 becomes available in the summer a new tiered pricing plan will be available, and no more unlimited data plans will be offered for the device.

Greg Bensinger over at Bloomberg is reporting that analysts predict that Verizon could sell two million iPhone 4’s this quarter. The company has already said they might limit download speeds for customers among the top five percent for data consumption, especially in the busiest areas.

Verizon are looking to take advantage of more customers switching to smartphones like the iPhone, as they will use more data. Fran Shammo from Verizon, has already said that customers will get a taste of tiered pricing when they finally get round to releasing the HTC Thunderbolt.

AT&T themselves stooped offering unlimited data plans back in June except for existing customers under contract. Users can get 200Mb for $15 per month, or 2G for $25. Sixty percent of the iPhone’s Verizon have sold so far were online, but no exact figure for the total sold has yet been given.

Towards the end of this month the carrier will start selling the iPhone in smaller retailers and other storefronts. Currently the device is available in Apple and Verizon stores, in bigger retailers such as Best Buy, and of course online.

How do you feel about the new pricing plans that Verizon are planning? Do you think that owning an iPhone or any other smartphone will be too costly per month?

Also See: iOS 8.2 release waiting on iOS 8.1.3 maintenance update

  • Drew

    Tiered data is a bad idea. We live in a world of streaming and limitations are the last thing people want to worry about. If Verizon ends up having tiered data for 4G smartphones, I may end up switching to Spring. At least they have the right idea.

  • Dave

    Sprint has unlimited only because they know they can handle the demand having so few customers. It's not a matter of any carrier WANTING to have tiered, it is a necessity driven by hardware limitations

    • Madmax

      When was the last time you checked the # of customers that sprint has? You may need a reality check.

  • brad

    my question is…if they stop the "unlimited data plans", as long as you already have it on your phone and never change your contract and keep renewing it every 2 years, you will still get to keep that unlimited plan…yes or no?

  • NoMoFees

    Been battling ATT over overcharges because of their tiered data plans. Finally fed up and am pulling the plug even with having to pay early termination fee. If Verizon thinks they are immune to losing customers, this is a good way for them to find out that in the end money talks and will cause customers to walk. Eventually most if not all phones will need data. sprint has the right idea in including it all in one monthly fee. With unquestionably the best network Verizon could rule the world if they reduced fees and included everything in one price.

    • Madmax

      Verizon should learn to be content, but instead they're just being greedy. Or maybe they are extremely eager to get as much "investment" as possible for building out their LTE network in more cities.

  • Olivia

    I think this is a horrible idea. I have been a loyal Verizon customer for years. I left both At&t and Sprint for bad service (both customer service and actual phone service sucked). I have an unlimited data plan now and was considering getting the new iPhone 5 this summer. I will definitely have to rethink this if Verizon is going ahead with tiered data plans. This may even be enough to push me to another service provider.