Business

Verizon CFO says customers dont need unlimited plans

During an investors conference, Chief Financial Officer, Fran Shammo of Verizon said that customers dont need unlimited plans, not only shutting the door for a chance to see unlimited plans come back to Big Red, but also slammed a bar in front of it and locking up with chains.

Just a few short years ago, carriers had already done away with unlimited data and began using tiered plans, even T-Mobile. But that was when T-Mobile shook up the US carrier market with its Uncarrier campaign, which is thanks to many changes that benefit customers.

Today, both T-Mobile and Sprint offer new unlimited plans available to all customers, as well as AT&T, though you need to be an existing DirecTV subscriber to take advantage of They do have some caveats though, such as optimized video quality and heavily throttled tethering, which caps off for T-Mobile at about 1/2 Mbps.

In its most recent ad campaigns, Verizon touts its 20GB of limitless monthly (shared between 4 lines) data for $160 a month, trying to poke at the other carriers (specifically, T-Mobile) who throttle video streams or tethering. While its true that you do need to pay more with T-Mobiles One Plan if you need to tether or would like to stream HD video, but if you dont need to, then why pay for it?

Verizon: “20GB of limitless data” pic.twitter.com/aeQ1xTMuG2

Ricky Villacrez (@rickyfoxtek) September 16, 2016

Verizon believes the simplicity of its plans are more user-friendly. Shammo also says that Unlimited users tend to be abusive, so in the eyes of Verizon and its investors, there is no way giving free data can be profitable.

What do you think? Is Verizon being stingy with its data plans or is it right for sticking to its guns and keeping its bandwidth open for those who paid for it?

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