Verizon issues statement on data plans, promises a heads-up on share plans and policy changes

Alex Wagner
Editorial Director of News and Content from Omaha, NE
Published: May 17, 2012

Verizon logo HTC Rezound

Yesterday, Verizon Communications CFO Fran Shammo made some waves when he said that, once data share plans debut this summer, customers with a 3G unlimited data plan will need to switch to one of the new shared offerings when moving to a 4G LTE device. Now Verizon has released a statement concerning data plans, explaining that customers have expressed interest in shared data plans, and so the carrier has been working on options to do just that. Verizon also promises that it'll give customers a heads-up about these new plans and any policy changes associated with them ahead of their introduction. The full statement from Verizon:

"As we have stated publicly, Verizon Wireless has been evaluating its data pricing structure for some time. Customers have told us that they want to share data, similar to how they share minutes today. We are working on plans to provide customers with that option later this year. 

We will share specific details of the plans and any related policy changes well in advance of their introduction, so customers will have time to evaluate their choices and make the best decisions for their wireless service. It is our goal and commitment to continue to provide customers with the same high value service they have come to expect from Verizon Wireless."

Today's statement doesn't offer much more information on the situation with unlimited data plans, but Verizon customers know that they'll be made aware of any policy changes related to shared data plans before they go into effect. We've heard that Verizon's shared data plans may be coming in mid-summer, so it may not be much longer before more details come to light. Until then, those of you interested in moving to a 4G device and holding onto your unlimited data plan may want to follow Taylor's lead and begin looking into doing so soon. More on this situation as we get it.