Verizon Communications Inc. (NYSE: VZ ) has finally announced a Verizon Unlimited Plan.
- The plan will cost $80 a month for a single device with paper-free billing and AutoPay.
- The cost of the unlimited data plan will be reduced per line for each device added.
- This can bring the price for unlimited data plans on each device down to $35 per month with four devices.
- Verizon Communications Inc. notes that it may reduce speeds after 22GB of use during any billing cycle to help handle net work congestion.
- The plan also includes mobile hotspot tethering with 10GB of 4G LTE data.
- After customers use the full 4G LTE data on the hotspot, the speeds drop to 3G.
- Customers can also add connected devices, such as a smartwatch, to the plan for $5 each per month.
- To promote the Verizon Unlimited Plan, the wireless provider will be giving customers that switch to it free phones when they trade in eligible devices .
"You don't have to settle for unlimited data on a discount network with low-quality video," Nancy Clark, head of marketing and sales operations for Verizon Communications Inc., said in a statement. "This awesome offer makes it easier than ever to experience unlimited data the way it is meant to be, all on a network that can handle the demands of a digital life."
You can learn more about the Verizon Unlimited Plan by following this link .
VZ stock was down slightly as of Monday afternoon.
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