I am concerned that this will affect me because I am eligible to upgrade my phone in January 2013. This means that in order to keep my grandfathered unlimited data plan that I will have to pay full price for a new phone. Of course, I know that I can simply continue to use my HTC Thunderbolt as well. Since my current contract will not expire until June 2013, I am wondering if I will have the option to cancel my existing contract without penalty when the new tiered data plans are rolled out by exercising my option to do so under the Material Change provision?
You won't be able to cancel your contract because they are not applying it to your contract, but to new users and new contracts that customers sign. If you sign a contract once yours is up, you will not get to keep unlimited data. In fact you can get a new phone anytime you want if you want to keep your unlimited data because 1. You will want to not re-sign to keep your unlimited data and 2.You will end up paying full retail price unless you renew your contract or get a phone that is one year older from ebay.
More like 2 years older from ebay because they no longer allow you to buy a phone under a 1 year contract.
I don't know if they let people sign contracts for 1 year. When I joined them mine is 2 years with the phone I bought from them. This was when the unlimited plans still existed. If I wanted I could buy a different phone that takes a verizon sim like my Incredible 2 and just activate it after deactivating my current one. Why would they care what contract you are under, you are still in their contract. I had a friend that did that, bought a phone full retail that works with Verizon somewhere else because his phone broke.
The why is simple... plain corporate greed. Verizon's Fran Shammo made this clear at a conference hosted by Chase Bank. They want to squeeze every dime they can out customers data plans and this can only be achieved with the elimination of unlimited data. Verizon is offering what they consider an olive branch (more like poison ivy) by saying you can keep your unlimited data if you are willing to pay the unsubsidized cost for your next phone. What Verizon should be doing is goung after the data hogs. Those that are ruining it for the rest of us. If you use lots of data month after month, you should pay more.
because verizon is losing billions a year on devices
not too hard to figure out
You are aware that part of the monthly payment you make for service includes repayment of the carrier subsidy, right? Verizon isn't losing a dime... in fact last quarter they just made 10,700,000,000 dimes. This is just corporate greed and the lust for money.
'Unlimited Data' Pretty sure that means use as much as you want at no extra charge, it doesnt mean use sparingly! Dont blame customers for using what they signed up for, unlimited data! Blame this greedy company for wanting to suck even more $$$ out of us.. That aint it!!
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The reason Verizon has said we have to pay the over-inflated retail cost of a phone (I say over-inflated because cell phones are the only industry where technology gets better, but cost never goes down) to keep our unlimited data is because Verizon knows nobody will do it. essentially, if given the choice between unlimited data and the subsidized cost, Verizon knows the average user will buckle and surrender their unlimited data plans just so they can pay $200 instead of $600 for a phone.
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