Verizon Launches Unlimited Data Plan (VZ, TMUS)

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Verizon Launches Unlimited Data Plan (VZ, TMUS)
If you don’t need unlimited data, we still have 5 GB, S, M, and L Verizon plans
that are perfect for you.” (See also: Verizon to Offer Same-Day Smartphone Screen Repair)
Since Ellis announced at an investors summit last month that growth would be fairly consistent with last year, shares of Verizon have fallen by 7% .
Having spent several months in the last year improving their 4G LTE network, Verizon
Communications Inc. (VZ) is finally venturing into the unlimited data plan race,
The announcement comes as a massive U-turn for the company.
Unlike other networks, Verizon will not downgrade the quality of video calls
and streaming , however it said it might “prioritize usage behind other customers in the event of network congestion.”
Rivals Sprint (S) and T-Mobile (TMUS) have been offering unlimited data plans for a while now,
with Sprint dropping their unlimited data plan to a very competitive $50 only last month.
(See also: Report: Verizon, T-Mobile Tied for Network Speed)
“We’ve built our network so we can manage all the activity customers undertake.
Single lines, meant for one user only start at $80 per month, while the multi-line which allows multiple users (up to 10) to access its plan features, starts at $100
and an additional $20 per user who is added to the plan.

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