Verizon shared data plans to launch by mid-2012

Verizon shared data plans to launch by mid-2012
That Verizon is planning on offering shared data plans in the future is something that we have known for quite a while. We also know that the carrier is tweaking its internal system and is adding support for them. However, those who are planning on taking advantage of the said data plans might have to wait for up to three more months.

According to Verizon Communications CFO Fran Shammo, Verizon will start offering shared data plans by the middle of 2012. Now, that doesn't necessarily mean that the carrier will wait until the very end of that deadline to make these plans official. However, Verizon will take its time in ensuring that the new offerings are beneficial in financial terms for both carriers and subscribers. And that might take a while as Fran Shammo said that finding the right price requires a "complex equation"

And even once the Verizon shared data plans are official, opting in right away might not be an option. Or as Fran Shammo explained it:


Is anyone excited about the upcoming shared data plans by Verizon? Or are you hoping for AT&T to launch such offerings first? Do not hesitate to drop a comment for us below.

source: Verizon (PDF) via Phone Scoop

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33 Comments

1. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

That will never happen on Atrociously Throttled & Technically challenged; they can't handle the network traffic now (on their limited tiered plans). I actually went into one of those Atrociously Throttled & Technically challenged stores here in NYC over the weekend to admire the Galaxy Note; that would be a killer phablet on my Verizon Unlimited 4G (Shared) Data Plan.

8. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

First of all, that would be AT&TC, but nice try I suppose. Second of all, if you think verizon is going to let you keep an unlimited data plan and share it with 4 other lines, you are on some kind of heavy drug. They will make sure they finally take that plan away from you, and then you will have the same plan as AT&T, and then I will laugh at you.

15. 14545

Posts: 1835; Member since: Nov 22, 2011

I doubt that is what he is getting at. Anyway, I know they won't be letting you put an unlimited plan on share, and if it isn't much much cheaper than my two unlimited plans and contain at least 10 gigs, then no thanks.

26. atheisticemetic

Posts: 377; Member since: Dec 18, 2011

oh yeh???? but at least he wont have ATT nanner nanner boo boo

2. chack_fu

Posts: 46; Member since: Jan 19, 2009

Here's the thing...... It's not going to be a super savings like everyone is hoping for. Just look at the minute plans, the lowest minutes you can do with unlimited texting is 700, the most lines you can have is 5. I see it being a minimum amount of data for "X" amount of lines. I bet its still gonna be an average of $20-25 worth of data per phone on the account. Now, how much data is offered, thats the next question. 2gb, 3gb, 5gb who knows????

5. RK_21

Posts: 2; Member since: Feb 13, 2012

What? You realize that this is primarily geared towards customers using a tablet and a phone right? Not to say that the concept doesn't apply to multiple lines on a single account but the real benefit is for users who rock a tablet and a smart phone but want to realize cost savings by sharing the data pool. Ex: A VZW 5GB data plan for your smart phones costs $50/mo. and a 5GB for your tablets is another $50/mo. = $100/mo. If everything remained the same a user could get 10GB of data for $80/mo.

12. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Or families that have different data usage levels. Parents who may use less than 2 Gb/month can share their data under-use with kids that use more than 2 Gb/month. Not being able to use all my devices with one bucket of data has kept me from consolidating all my devices onto VZW. In fact, I am using the tethering option to share data from my Razr (double data option) with my tablet and notebook.

3. droiddomination

Posts: 203; Member since: Dec 01, 2011

however it comes out, you can rest assured that they will be shafting you, yet again! remember, all the companies come up with a battle plan together while playing golf on Sunday.

4. Jphones

Posts: 258; Member since: Feb 10, 2012

Yeah sounds good in theory but we all know Verizon is the most expensive and these shared data plans will be to probably gonna go with the odd number as in 3,5,7,9. Makes sense and they'll still make a huge profit from that 1 gig over the normal plans.

6. THETECHTEAM

Posts: 82; Member since: Dec 12, 2011

WORKING FOR VERIZON IS GREAT!! CAUSE IM PART OF THE BEST PHONE COMPANY OUT THERE NO MATTER WHAT OTHER PEOPLE SAY! NO ONE CAN TOUCH US RIGHT NOW!! THAT'S THE BEST IDEA EVER!! OH AND @chack_fu PLEASE ASK ME WHAT THE PLANS ARE I WILL EXPLAIN THEM BETTER THAN YOU DID CONSIDERING I WORK FOR THEM :):):):):)

9. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

I love well thought out, well written and non biased statements, so naturally I will give you a thumbs up.

19. networkdood

Posts: 6330; Member since: Mar 31, 2010

I did not realize that collecting unemployment was that fun for you.

20. chack_fu

Posts: 46; Member since: Jan 19, 2009

hahaha

21. chack_fu

Posts: 46; Member since: Jan 19, 2009

Thats exactly how the share plans work 5 lines max 700 minutes minimum to have unlimited texting.

7. jskrenes

Posts: 209; Member since: Dec 11, 2008

If you look at how shared minutes and unlimited texing plans go, I predict that the savings won't start materializing until you add more than 2 or 3 data devices.

10. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

This plan is geared towards people who don't use that much data. It will be something like $30 for 2GB of data, then $10 to add a line to share that data. If you think this will heighten your amounts of data, you're wrong. That being said, I think it's still a step forward compared to their high priced plans concerning data they have now.

14. tedkord

Posts: 17410; Member since: Jun 17, 2009

Exactly. It will, guaranteed, raise the cost per MB above the ridiculous amounts they want now.

18. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

Well, it depends on the situation I guess. Let's say, as an example, you have a mother and a child on an account. They both want a smartphone. The mother wants it just to have a halfway decent phone, let's say with a nice camera. She has no need for the internet, and therefore will be using little data. Her son, on the other hand, would like to use internet, although not a ridiculous amount. So, with my equation, it will be $30 for a 2GB plan for the son, then $10 to allow the mother to share from that 2GB, in order for her to get a smartphone. That equals out to $40, and everyone's happen. Whereas now, they would have to spend $60, and the mother would be wasting money on the 2GB of data that she would never use. Granted, this does not offer everyone there unlimited data for free that they all feel they deserve *blink*, but it does offer an alternative for someone who wants a phone that is halfway decent, without having to pay a ridiculous amount a month for something they don't use. I say it's a good thing Verizon is doing, although we will see how it really plays out.

22. tedkord

Posts: 17410; Member since: Jun 17, 2009

I don't disagree with anything you said, but that's still more money per MB. Instead of paying $30 for 2gb, they're paying $40. Why should it cost any more? That's like paying $3 for a big mac, but $4 if you want to give a mate a few bites, and $1 extra for each person you want to share with.

24. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

I get where you are coming from, and with that perspective you are absolutely right. But at the same time, it can easily save someone $20+, and those people will enjoy this, although it is certainly not for everyone, I agree.

27. atheisticemetic

Posts: 377; Member since: Dec 18, 2011

as opposed to paying 60 they pay 40? not sure tho...my math could be off ;)

11. Das70

Posts: 124; Member since: Jan 05, 2011

Either way you look at it, data plans on a smartphone from the big 3 suck and will continue to do so. Its a foolish waste of money if you ask me. I pay less for my home internet connection than people do with their smartphone data plans.LOL

13. tedkord

Posts: 17410; Member since: Jun 17, 2009

It is a very complex calculation: ((# of phones on account) x ((price of individual data plans on ATT)*1.25)) + (CEO's guaranteed bonus regardless of company performance/total number of customers)+(average extra amount the typical customer will put up with before changing carriers) And that's nothing compared to the calculation for the price of a subsidized 4G phone on a two year contract to make up for the shortfall of carrying the iPhone.

17. thephoneguy92

Posts: 191; Member since: Dec 29, 2011

You hurt my head.

16. Gcombs

Posts: 136; Member since: Aug 22, 2011

U.S Cellular already has this option for their customers. For a family plan it's $139.99 1500 minutes, unlimited text and video messaging, GPS navigation and 5GB of data but they charge $40 for each additional line.

23. tedkord

Posts: 17410; Member since: Jun 17, 2009

Really? On Verizon, for three smarthpones, 1400 shared minutes (10 Friends and Family, and all Verizon Wireless numbers unlimited), unlimited sms/mms, unlimited data, I pay about $175/mo, including taxes and fees. On US Cellular, it's $180 before taxes (100 more voice minutes, but only 5GB of data - I use more than 5GB per month by myself). It's hard to believe I pay less on Verizon than I would on a small, regional value carrier.

25. Gcombs

Posts: 136; Member since: Aug 22, 2011

All incoming calls free as well as U.S Cellular to U.S Cellular are free also and it's apart of the Belief Project which you gain points every month to use to purchase phones, accessories and to make your line eligible to upgrade if your months away if you like. but my point is Verizon and the other major carriers can and should of had this option a while ago. I'm with Verizon but work for U.S Cellular

28. atheisticemetic

Posts: 377; Member since: Dec 18, 2011

so what you're saying is that you'll eventually work for Verizon? lol

30. Gcombs

Posts: 136; Member since: Aug 22, 2011

Did work for them before and still get my employee discount cuz the wife works there. lol

29. atheisticemetic

Posts: 377; Member since: Dec 18, 2011

To be honest i will be pissed if they actually do split data plans where two or more people can share data (on an individual data plan). Most customers dont even know what a GB is! I now have to explain this is even more dumbed down versions??? guessing they'll do 10GB packages for the whole family for X dollars (where X is less than 150 bucks) if we're talking 5 phones. Something similar for 3 phones and so on... perhaps i'm not as excited about this as the customers, but this could turn out to be very ugly for employees

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