Verizon Wireless CEO hints at possible family-shared data plans

Sections: Cellular Providers, Communications, Mobile, Smartphones

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Data plans are a pain for just about everybody, they usually cost quite a bit, and at times you end up paying for more or less than what you actually need. Those with family plans are especially hurt by the fees, having to pay separate data plans for each phone. In an interview with the Wall Street Journal, the new CEO of Verizon Wireless hinted that the company could make those plans easier for users.

Daniel Mead, the CEO of Verizon Wireless, mentioned in the interview that Verizon does offer shared voice and messaging for family plans, and that the company might offer shared data in the “not-to-distant future.” He called the option “account-level pricing,” which is hopefully something we’ll be hearing more about soon. On the subject of data plans, Mead also that Verizon might offer “metered pricing” someday, but the company hasn’t agreed on it yet. “Metered pricing” would allow users to pay for the speed or amount of data they want from the network.

Also in the interview, Mead talked about how he believes LTE could serve as a substitute for DSL, especially for those users in rural areas. With LTE he expects Verizon to be selling a lot of smartphones and tablets, with up to 300-400 percent market penetration, or roughly 3 to 4 devices per person. Lofty goals, for sure, though if LTE proves to be as great as we’re being led to think it will be, he might not be that far off. Now, if LTE could reach real 4G speeds, it could replace even most cable modems, but that’ll have to wait for another time.

Read [Daily Tech]

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