verizon

Verizon Wireless is undecided on LTE smartphone service pricing

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At the UBS Global Media and Communications Conference today, Verizon Wireless CEO Ivan Seidenberg mentioned that the company will spend some time observing how users use their data before announcing the plans for their 4G LTE smartphone plans. With the carrier only launching their LTE-capable phones next year, it makes sense for them to play the waiting game before making any decisions. Their 4G LTE service has been available since Sunday but is only accessible by a USB dongle modem. With their current plans going at $50/month for 5GB of data and $80/month for 10GB of data and excess fees of $10/GB, they won’t be lowering their prices anytime soon. “We have to hold firm as best we can until the entire environment is mature enough where we have devices and services so that people can see the value.” Verizon also plans to light up additional LTE markets every month for the next 2 years so that they can get 85% of the country covered by the end of 2012. How many of you are already using their 4G LTE service? If you’re undecided on whether you should get it, maybe our review can help you make up your mind.

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