An unnamed source at Boy Genius Report today provided a tip that Verizon is planning to begin its 4G LTE network rollout in 25 markets on November 15th, 2010. Some interesting details emerged from the tip - most of them good. To summarize:
- 4G LTE data plans will be tiered by data caps, but will not add a premium to your bill. Presumably this means the caps will be combined 3G/4G usage (you listening, Sprint/EVO/$10?).
Verizon subscribers: say goodbye to unlimited data on that internet hungry Android device of yours. According to Businessweek, Verizon is planning on following AT&T’s lead in replacing unlimited plans in favor of a tiered pricing structure.
In an interview with John Killian, chief financial officer of Verizon, it was clearly suggested that a new pricing structure will have to be put in to place, as data traffic increases with the rollout of 4G in the future. Read More