{"id":42581,"date":"2017-08-23T07:23:23","date_gmt":"2017-08-23T07:23:23","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=42581"},"modified":"2017-08-23T07:23:23","modified_gmt":"2017-08-23T07:23:23","slug":"verizon-launches-cheaper-unlimited-plan-to-compete-with-rivals","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/verizon-launches-cheaper-unlimited-plan-to-compete-with-rivals.html","title":{"rendered":"Verizon launches cheaper unlimited plan to compete with rivals"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Verizon launches cheaper unlimited plan to compete with rivals<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Verizon launches cheaper unlimited plan to compete with rivals:- Verizon Communications Inc said on Tuesday that it was introducing a cheaper unlimited mobile data plan with some limits as it tries to lure customers away from rival wireless carriers.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The plan, to be introduced on Wednesday, is priced at $75 a month for a single line and will include DVD-quality video streaming on smartphones rather than high definition. It allows Verizon to slow down consumers&#8217; data speeds in times of congestion and does not include calling and data in Mexico and Canada. It also has slower mobile hotspot speeds of 600 kilobits per second.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">&#8220;While entry-level pricing appears more competitive, the changes more likely reflect the impact current plans are having on Verizon&#8217;s network,&#8221; Mike McCormack, an analyst at Jefferies, said in a note. &#8220;The move also follows a trend of differentiating unlimited plans to manage congestion and monetize the network.&#8221;<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Verizon has been competing for customers with smaller rivals T-Mobile US Inc and Sprint Corp in a saturated U.S. market for wireless service as most consumers already have cell phones.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Other carriers have been launching aggressive promotions in recent months. Sprint said in June it was offering free unlimited data, talk and text for a year to consumers who bring their own devices in a promotion aimed at Verizon subscribers.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Verizon&#8217;s new cheaper plan is aimed at casual smartphone users versus customers who want to stream a lot of video, a Verizon spokeswoman said. The company also is introducing a higher-end unlimited data plan for $85 a month for a single line that includes HD-quality streaming on phones and calling, texting and data in Mexico and Canada, and mobile hotspot with up to 15 gigabytes of LTE speeds.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The options will replace Verizon&#8217;s previous unlimited data plan, launched in February for $80 a month for a single line.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Verizon shares were down 4 cents to $48.10 in morning trading.<\/span><\/p>\n<p><span style=\"font-size: 8pt;font-family: Arial, Helvetica, sans-serif\">Source:-\u00a0https:\/\/www.reuters.com\/article\/us-verizon-unlimited-idUSKCN1B21PM<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/verizon-launches-cheaper-unlimited-plan-to-compete-with-rivals.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Verizon launches cheaper unlimited plan to compete with rivals Verizon launches cheaper unlimited plan to compete with rivals:- Verizon Communications Inc said on Tuesday that it was introducing a cheaper unlimited mobile data plan with some limits as it tries to lure customers away from rival wireless carriers. The plan, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":42603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[53887],"class_list":["post-42581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-verizon-launches-cheaper-unlimited-plan-to-compete-with-rivals"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/42581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=42581"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/42581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/42603"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=42581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=42581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=42581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}