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Tiered pricing plans will most likely be in effect for Verizon's LTE 4G network

Posted: , by John V.

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Tiered pricing plans will most likely be in effect for Verizon's LTE 4G network
We've already begun to see the pricing structure layout for the 4G data network access required for the soon to be HTC EVO 4G with Sprint. The additional mandatory $10 per month charge will be required for the first WiMAX enabled handset available in the country – which is the start of what we will all expect when it comes to pricing for 4G data access. However, Verizon Wireless is already thinking about its structure as we begin to see some markets across the country go live with LTE. Verizon's CEO, Lowell McAdam, said that the company is intent on introducing tiered pricing plans for their forthcoming long term evolution network during a Barclays investor conference held this week. It doesn't necessarily mean that consumers will have to pay an arm and a leg for access, but the company says that it should cost somewhere around one-half to one-third of the price it takes to push through the same amount of data through its existing 3G data network. Ultimately this may prove to be a win for both the consumer and Verizon Wireless – light users won't be paying the same amount heavy users go through. And obviously those hungry data consumers will be milking Verizon with the much needed money to sustain and grow their infrastructure for the long run.

source: Mobile Business Briefing via Mobileburn

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1. ibap posted on 20 Oct 2010, 01:46

"...milking Verizon with..." - how many metaphors would you like to mix? That phrase must be from another language.

2. BrokenImaege posted on 27 May 2010, 19:04

This is expected. Why should a heavy user pay as much as a light user and nice versa. I am actually pretty happy about this. I just want to see what the pricing is on all this. It will be interesting to see how the mobile will work as well. This should pretty much make it to where everyone will start having smart phones from this point going forward. If you look at the required $9.99 for 3G multimedia phones, that was the start to all this. Now, just require it on every device and you make it where you can have a smart phone that can have a data plan starting at $10 a month and up and there you go. Can you say the begining of the end of non-smartphones?

3. rwolf1984 posted on 27 May 2010, 19:31

Very sad...however...at&t is building up wifi...so if at&t goes tiered hopefully ur community is wired with at&t wifi

4. vzw fanman posted on 27 May 2010, 19:48

but at&t is the most unsatissifed network in the whole country so it doesn't matter.

5. jtucker1987 posted on 28 May 2010, 09:52

This could be either a good thing or a bad thing. Good in the sense that people who use less pay less while heavy users pay a little more. The bad is if the prices are greedy like paying $30 for only 250mb. It costs less to transmit 1mb over 4g than 3G. Most likely prices will start off extremely high to please stock holders but guaranteed to backfire. I foresee class action lawsuits, especially when I read the comments written from others on other websites.

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