Verizon is attempting to compete with sprint and the other data cariers.
Per Reuters: “The introductory plan, announced on Sunday, will give unlimited data to customers on smartphones and tablets on its 4G LTE network. It comes days after competitor Sprint Corp introduced a new unlimited data plan of its own” (2017.)
This was a quick turnaround from what one of the companies top leaders said.”We constantly look at… what’s out there. Unlimited is one of the things that some of our competition has at this point in time. That’s not something we feel the need to do,” Matthew Ellis, Verizon’s chief financial officer, told analysts during an earnings call on Jan. 24.
“But as I say, we continually monitor the market and we will see where we head in the future,” he added.
Verizon’s unlimited plan is $80 per month for unlimited data, talk and text for the first line and an additional $45 per line up to four lines. Apparently they saw a need.
If you have two lines you’ll pay $125 per month which will yield you a total of $1500 a year.
If you have 4 lines you will pay $215 per month which will give you a total of $2580. Note: none of this is with tax.