REPORT: VERIZON TO INCREASE PLAN PRICING BUT ADDING ADDITIONAL AND ROLLOVER DATA

This article was published on: 07/6/16 1:36 PM by Mike Minarsky

verizon logoIt’s being reported that Verizon will be increasing the pricing by up to $10 per month but rumors say Verizon will also be giving it’s customers the ability to share unused data.

The move to add data reflects the reality that customers are growing ever more data hungry. It’s not just e-mail or Web browsing anymore; customers are increasingly watching Netflix or live-streaming video via Facebook or Periscope.

As part of the changes, Verizon will also introduce a new My Verizon app that acts more like a remote control for your plan. Through the app, you’ll be able to turn on “Safety Mode,” which is the company’s way of preventing you from paying overage fees. Like its rivals, Verizon will offer a throttling option for customers who hit their data limit. Instead of an overage fee, the customer would see his connection severely slowed down for the remainder of the billing cycle.

Safety Mode will be available for free to customers with an XL or XXL plan. S, M and L customers will have to pay $5 a month to access the feature. Customers will also be able to see how much data they are carrying over from the previous month through the app.

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