Verizon is doing away with contracts and introduces cheaper plans

[TopWargamer]

Source 1: http://www.theverge.com/2015/8/7/9116493/verizon-is-doing-away-with-contracts

Source 2: https://www.verizonwireless.com/news/article/2015/08/simplified-data-choices-match-customer-lifestyles.html

 

The "T-Mobile effect" has finally spread to Big Red. Verizon is done with contracts. Now if only they start adopting more of T-Mobile's policies, that'd be great. But anyways, some things are getting swapped around, including wireless plans and how you pay for your phone. If you're already a Verizon customer, don't worry, you'll still be able to choose these new plans and use your same phone "with some restrictions." 

 

So here's the price breakdown of the new plans:

1GB for $30 per month

3GB for $45 per month

6GB for $60 per month

12GB for $80 per month

 

Adding a smartphone to a plan is an extra $20 per month.

Adding a tablet or hotspot to a plan is an extra $10 per month. 

Adding a smartwatch to a plan is an extra $5 per month. 

 

Larger plans will be available to those that need them, but for now you'll be stuck paying an extra $15 for another gigabyte of data. Ouch. 

 

As for your phone, subsidized phones are no longer a thing. Instead you will have to either buy the phone in full or use payment plans. Verizon has offered payment plans under their Edge program, but that's now being renamed to "device payment option."

 

These new plans go live next Thursday, the 13th of August. 

 

Ya know, I hate to say this, and I mean I really hate to say this, but Verizon's new plans are cheaper than T-Mobile's plans. That really hurts to say, but it ultimately is a good thing. Think about it. Take Verizon's new 1GB for $30 plan, then add the extra $20 for a smartphone. That's $50. For $50 at T-Mobile you can get the same amount of data, but you still have to pay the extra $20 or so for a smartphone. That comes out to be around $70 per month on T-Mobile. 

 

This news came as a huge surprise to me, and the new plan pricing has me even more shocked, because they're very competitively priced, until you get to their $80 plan IMO. So with this news out... I think I may switch back to Big Red... Not even gonna lie about that... 

 

Thoughts on Verizon's new plans and killing of contracts?

[Aytex]

prepaid master race

 

we've been doing it b4 any of u big companies ;p

[AlwaysFSX]

Wow. And here I was thinking Verizon was just a bunch of assholes that couldn't change.

[wangyuji431]

 

They're gonna have to overhaul some parts of their weak infrastructure or have super slow 4g at 12 kb/s

[Aytex]

Wait so you get 1GB and NO phone for 30 a month?

Not really sure how one could be excited about this

if it comes with unlimited talk text and call then im all with it

[terrytek]

If only they had unlimited data like T-Mobile. So i still think T-Mobile is cheaper because they have unlimited data.

[Agent181]

Meanwhile I have 4 lines with 10gigs of data all for $120... Cause t-mobile

[TopWargamer]

They're gonna have to overhaul some parts of their weak infrastructure or have super slow 4g at 12 kb/s

What are you talking about...? Verizon's infrastructure isn't weak at all, nor are their speeds slow at all. I know this because I use to be on Verizon and everybody else in my family is still on Verizon.

[handymanshandle]

prepaid master race

 

we've been doing it b4 any of u big companies ;p

 Basically...

5GB of Data for about $40.

(I dislike my MVNO because well the company that owns it (Family Mobile by Shitmart Walmart) but it does the job I guess)

 

@TopWargamer (OT) OMAM is love, OMAM is life

[TopWargamer]

If only they had unlimited data like T-Mobile. So i still think T-Mobile is cheaper because they have unlimited data.

For the $80 plan, yes, T-Mobile is still the cheaper option simply because they offer you unlimited data at that price. The lower priced plans though... T-Mobile is going to HAVE to lower their prices.

[wangyuji431]

What are you talking about...? Verizon's infrastructure isn't weak at all, nor are their speeds slow at all. I know this because I use to be on Verizon and everybody else in my family is still on Verizon.

Obviously there is this thing called location as a factor that may change your reception.

Also, pressure on infrastructure will be much higher with cheaper prices.

[TopWargamer]

prepaid master race

 

we've been doing it b4 any of u big companies ;p

Hah, I'm on the prepaid master race as well. I pay $50 for unlimited LTE on Harbor Mobile, which runs on T-Mobile's network. I love them, but Big Red's new pricing is still tempting...

[0ld_Chicken]

i get 2gb of 4g and unlimited 3g on a smartphone with unlimited talk and text for 35$month with boost... and they gave me a phone.  I had verizon before and I dont see why anyone would waste that much money for the same thing

[Clyne]

If only they had unlimited data like T-Mobile. So i still think T-Mobile is cheaper because they have unlimited data.

So you want slower speeds by default and lower coverage than T-Mobile on Verizon?

You do realize that unlimited data puts strain on servers and can crash.....

And T-Mobile is generally cheaper because of it's "lower coverage".

[Kyuubixchidori]

unlimited everything on sprint for 30$ a month. old grandfathered plan:D

 

the fact that tmobiles price is higher then verizions is a slap in the face. verizon SHOULD be more expensive because they offer a better service. crazy they are getting cheaper. 

[terrytek]

So you want slower speeds by default and lower coverage than T-Mobile on Verizon?

You do realize that unlimited data puts strain on servers and can crash.....

And T-Mobile is generally cheaper because of it's "lower coverage".

Yes, they actually have almost better coverage than AT&T now, definitely better than Sprint, I don't care though, unlimited data means more freedom, and plus i'm not hit with data caps.

[mathijs727]

Lol, Murica is soooooooooooooo overpriced

[TopWargamer]

i get 2gb of 4g and unlimited 3g on a smartphone with unlimited talk and text for 35$month with boost... and they gave me a phone.  I had verizon before and I dont see why anyone would waste that much money for the same thing

Coverage and speed. Boost runs on Sprint, which quite frankly has the worst coverage and the worst speeds. Verizon quite frankly has the best coverage and very fast speeds. Not as fast as T-Mobile, but still very fast.

[Mooshi]

Dear Verizon:

 

[Clyne]

Yes, they actually have almost better coverage than AT&T now, definitely better than Sprint, I don't care though, unlimited data means more freedom, and plus i'm not hit with data caps.

By default Verizon has more coverage than any other carrier so that's why it charges a high premium price. 

For those who want unlimited data with the best coverage, well frankly you don't get how it works.  

[Suika]

T-Mobile is going to HAVE to lower their prices.

Are they, though? T-Mobile doesn't have the same line access fees. So with Verizon, you pay $30 for data, $20 for line access, and then finance the phone. T-Mobile has $50 for the same data, and then finance the phone.

As well, T-Mobile has unlimited data (though high speed is capped at 1GB) and unlimited music streaming.

[CydiaDash]

Source 1: http://www.theverge.com/2015/8/7/9116493/verizon-is-doing-away-with-contracts

Source 2: https://www.verizonwireless.com/news/article/2015/08/simplified-data-choices-match-customer-lifestyles.html

 

The "T-Mobile effect" has finally spread to Big Red. Verizon is done with contracts. Now if only they start adopting more of T-Mobile's policies, that'd be great. But anyways, some things are getting swapped around, including wireless plans and how you for your phone

Missed a word . Good post though

[terrytek]

By default Verizon has more coverage than any other carrier so that's why it charges a high premium price. 

For those who want unlimited data with the best coverage, well frankly you don't get how it works.  

i honestly don't care much about coverage, i don't travel out of state often, so as long as all of california has data coverage of some sort, i'm happy

[TopWargamer]

Missed a word . Good post though

Thanks for pointing that out. Fixed!

[Clyne]

i honestly don't care much about coverage, i don't travel out of state often, so as long as all of california has data coverage of some sort, i'm happy

Yeah say that to your basic phone that's only text and call......

What's the point of unlimited data if you have a basic phone........