Verizon Wireless has fully one-third of its postpaid subscriber base on its Share Everything plans less than a year after launching the plans, according to Verizon Communications CFO Fran Shammo.
Verizon Wireless CEO Dan Mead said the carrier will deploy Voice over LTE technology in early 2014, and promised that the carrier will not deliver a poor experience in terms of voice quality when it does so.
Verizon Wireless reported a record-high profit margin in the first quarter of 2013 as it continued to benefit from its Share Everything shared data plans, which were introduced last June. The carrier said that its average revenue per account grew steadily, as it has in the past several quarters. Verizon said that 30 percent of its retail postpaid customers are now on its shared data plans.
In the next few years, there will be the beginning of a price war in the family shared data plan market between U.S. carriers. To stay ahead, we are likely to see the carriers embrace truly flexible and affordable shared data plans in the U.S for smartphones, tablets and next-gen connected devices alike.
AT&T Mobility announced new pricing options for business users on its shared data plans, giving enterprise customers access to larger buckets of data. The action is a response to similar pricing moves for business users by Verizon Wireless, Sprint Nextel and T-Mobile USA.
Verizon Wireless expects subsidies for smartphones and other devices to fall over the next two to three years as competition intensifies among operating systems and devices move to being LTE-only, according to a senior Verizon executive.
Despite roundly criticizing shared-data plans offered to consumers by market leaders AT&T and Verizon Wireless, T-Mobile USA is making a concerted push to offer what it calls "data pooling and stackable voice" as part of its push to attract enterprise customers.
More than 50 percent of U.S. smartphone owners who say they have unlimited data showed interest in plans that allow customization, speed guarantees, or sharing of data on family plans for multiple devices, according to a new report from research firm Strategy Analytics.
Verizon Wireless reported a record number of retail postpaid subscriber additions in the fourth quarter but it also posted a drop in margins, as analysts had expected. The carrier followed the familiar pattern of taking a short-term hit on margins by adding a glut of smartphone users in the year-end period in the hopes of reaping long-term financial reward from those contracts.
LAS VEGAS--Shared data plans have helped to grow the connected device space, argued Nicholas DiCarlo, vice president of product planning and product marketing for Samsung in the United States. "Shared data plans are important enablers," he said, noting that such plans could make it easier for customers to purchase and use Samsung's 3G-capable digital cameras.