Home - , - Verizon Launching Underwhelming $60 Unlimited T&T, 2.5 GB Prepaid Plan Mar. 1

Verizon Launching Underwhelming $60 Unlimited T&T, 2.5 GB Prepaid Plan Mar. 1



Over the last six months Sprint, T-Mobile and AT&T and their prepaid brands and MVNOs have been busy cutting prices and adding data to plans in a frantic competition for new customers. Verizon has been mostly content to sit on the sidelines. Big Red did double the data included with its AllSet smartphone plan from 500 MB to 1 GB last month. But that's still less data for more money than everyone else.

It looks like Verizon is about to make a move, although it's one that's hard to get excited about. Phandroid,com is reporting, based on what look like leaked employee training slides, that on March 1, 2015, Verizon will launch a new $60 per month smartphone plan with 2.5 GB of data. Everything else about the $60 plan is the same as the current $45 1 GB plan (which is being kept); unlimited voice minutes, unlimited SMS including to Mexico, Canada and Puerto Rico, unlimited picture and video messaging and mobile hotspot.

So what's wrong with getting an extra 1.5 GB for $15/month more? Nothing really, except that Verizon lets you purchase 3 GB of add-on data for the $45 plan for $20. Not only is that less per GB ($6.67 vs $10) but the add on data is good for 90 days instead of 30. So the add on is not only cheaper per GB but you get more time to use it up. Plus, you only need to buy the add-on when you need it instead of paying extra every month.

The only advantage of the $60 plan is that it's "set it and forget it", once you sign up you get 2.5 GB every month with no further action on your part. To buy the add-on you actually have to go your Verizon MyPrepaid online dashboard when your data is running low and click a button. With the $60 plan you are paying more strictly for a little bit of convenience.

So how does Verizon's $60 2.5 GB plan compare with the prepaid competition? Not very well. For $60 you can get 4 GB on AT&T GoPhone, or completelyunlimited, unthrottled data on T-Mobile's MetroPCS. Sprint's Boost Mobile doesn't have a $60 plan but offers 10 GB of high speed data for $55.

While it's true that Verizon offers coverage in a lot more places than T-Mobile or Sprint, AT&T's coverage footprint is about the same size as Verizon's. So unless you are one of the few people for whom Verizon is only the one of the four national operators that works everywhere you use your phone there's little reason to choose Verizon's pricy plans.

If your are still using a basic non smartphone on Verizon Prepaid, there's a bit of good news. Verizon is increasing the voice minutes included with its $35/month basic non-smartphone prepaid plan from 500 to unlimited. The plan also includes unlimited messaging, including SMS to Mexico, Canada and Puerto Rico and 500 MB. The now redundant $45 unlimited talk and messaging, 500 MB plan is being retired. I don't know it $45 plan users will automatically be switched to the cheaper but identical $35 plan or if they will have to call Verizon to switch.

Image: Phandroid

Related: Prepaid Operator Profile: Verizon

Tags: ,

28 comments:

Comment Page :
  1. Why bother? If you use Callingmart to pay your Verizon Prepaid bill, you can get 4GB of data for $62, no tax, no fees. And the 3GB of add on data last for 90 days.

    ReplyDelete
    Replies
    1. Yeah, but using Callingmart you can get 4GB data (plus unlimited throttled data) for $54/month using GoPhone.

      Delete
  2. "once you sign up you get "a" 2.5 GB every month with (no) further action on your part. "
    Probably should read something like
    once you sign up you get 2.5 GB every month with no further action on your part.

    "While it's true that "you" Verizon offers coverage in a lot more places"
    Not sure what's missing here.

    ReplyDelete
  3. I had forgotten Verizon Prepaid even existed, with these new plans I'm sure I'll forget again.

    ReplyDelete
  4. I like how no matter what Verizon does, they claim "Verizon is a leader, not a follower". Someday their hubris is going to bring them down. These prepaid plans are not the plans of a leader.

    Plus, look at their recent "upgrade" of the $45 ALLSET plan from 500mb data to 1GB data: not only do current customers have to request it, but if you choose to switch to the upgraded plan during your current billing cycle you forfeit your current days/talk/text/data.

    Compare this to Cricket's upgrade from 500mb to 1GB which was automatic for all customers and came well before Verizon's. Verizon is clearly a follower and a poor one at that.

    ReplyDelete
  5. I think it's a small victory that they're at least trying something. But if you need Verizon service, I think Page Plus or Straight Talk will always be better options.

    ReplyDelete
  6. I assist a friend with a non smart phone. Currently with PP.

    BYOD with the above ? Do we know yet ?

    ReplyDelete
    Replies
    1. Provided they are Verizon phones you can BYOD non-smartphones on Verizon Prepaid.

      Delete
    2. Thanks Dennis. I have a perm tab for your site. Good info here.

      Delete
  7. Verizon is the 2000 lb Gorilla in the room with its big belly practically touching the floor. They figure their network is so untouchable no one will ever have one up on them.

    ReplyDelete
  8. Dennis. I love these comments. Clearly they're coming from people who have never run a business. Verizon spent billions of dollars building out their network. So they have every right to make that money back, plus profits from their investment. If you find Verizon plans expensive, then don't use Verizon. Remember it's a business.

    Signed Happy Verizon Prepaid Customer.

    ReplyDelete
    Replies
    1. +1. People love an underdog, T-Mobile fans praise T-Mobile for working on their LTE coverage that Verizon deployed in 2010.

      Delete
    2. Exactly, my father has had Verizon for years, he won't give it up for anything, and yes he's still using a flip phone.

      Delete
    3. Parents have had Verizon since there was a Verizon, they live in an area that has good service with every wireless carrier, they don't want to hear about At&t , sprint or T-Mobile!

      Delete
    4. Parents have had Verizon since there was a Verizon, they live in an area that has good service with every wireless carrier, they don't want to hear about At&t , sprint or T-Mobile!

      Delete
    5. No. Verizon does NOT have a right to make money back plus profits on their investments. They have a right to TRY. If they make bad decisions -- for example if they set their prices to make a 60% gross margin and that is more than customers are willing to pay and they lose customers -- they have a right to fail.

      Delete
  9. IMO. Selectel is the only Verizon based service that I actually trust.. cluster customer service has been absolutely excellent and all their plans include roaming..I Only hope that LTE will be allowed soon

    ReplyDelete
    Replies
    1. For the person that said Verizon had the right to TRY to make a profit? You do know that Verizion Wireless made $6 billion dollars in profits in 2014. So clearly they know what they are doing. $6 billions in profits is not a TRY or a FAIL. Never start a business.

      Delete
    2. So to Verizon's #1 fan, the comment about selectel is from a different anonymous user. Anonymous is not a username, it is an indication that the comment was posted anonymously.

      I don't understand why you're so upset. The point is that I don't think anyone is entitled to money; it must be earned. Do you think Verizon is entitled to money? Do you think I should be forced to buy their product because you like it?

      If you like their product, by all means, continue to buy it. Obviously a lot of people buy it for some reason or another. Why would I care? I think it's overpriced for what I do, which is why I don't do business with them anymore.

      Verizon is just a company. My suggestion would be to lighten up and don't take yourself so seriously.

      --------------
      To the user who posted about Selectel, I'm interested in their product. Do they have U.S.-based customer service?

      Delete
    3. Selectel is US owned and operated, based in Nebraska. I believe their normal hours support is based in the US and after hours is in the Philippines. They are unique in being the only Verizon MVNO that gets the full Verizon network. That means you get the roaming areas with voice and text for no extra charge. They only have 3G data although they "are working" on 4G. Only non-prepaid Verizon phones are allowed. Flashing of 4G to 3G is not allowed. Some plans are very competitive and others lack enough data. If you need a "minimal" plan check out the $75 Yearly Plan.

      Delete
    4. I've had superb customer service from Selectel. I deal directly with them after lousy service from once of their dealers, Freedom Wireless BC.

      Delete
    5. Zach at Freedom Wireless of Bay City gave me and my wife excellent service on Selectel, even handling purchases and inquiries when he was closed. He saved us the $30 activation fee for BYOD and gave us a discount on airtime. I highly recommend him. He seems to be a very capable, hard-working guy and also sells and repairs phones at his full-service storefront location. Give him a chance and you will not regret it. I think the previous post is the same one who complained that Zach took a vacation once. He announced it well in advance on Facebook, but was damned for not doing something when he was on vacation. This is a small business, folks! Small business owners deserve a vacation once in a while, too!

      Delete
  10. Plain and simple: Verizon Prepaid is inferior because they have no need to make it superior. Their business is still in postpaid. My theory, though, is that the market will slowly but surely shift towards prepaid, even if it is device-centered (Jump, Next, etc.). The market has been designed to have the next best thing available every 6 months, maybe a year, which create short attention span for young customers. There will be many less customers electing to tie themselves to a company for two years when prepaid options give you the flexibility to move around without compromise (competition!). Verizon does not need its Prepaid division to be so successful... yet.

    ReplyDelete
  11. I moved away from Verizon post paid to AT&T post paid when AT&T started offering unsubsidized pricing about 7 months before Verizon.

    Coverage and data speeds are the same if not better In my area with AT&T. Customer service is MUCH better with AT&T. Phone and chat that is, Verizon and AT&T stores are both full of boneheads.

    Verizon has done a good job creating brand loyalty and advertising a "superior product." You are suppose to pay more for something better. It lets all those Verizon customers look down their noses at other networks.

    Verizon customers are starting to use more data. If they don't start making that data more reasonably priced they will lose customers. A friend doesn't have internet at home but listens to Pandora more and more. She also uses a hotspot on her 6GB Verizon plan. When I told her she could move to Cricket and get 10GB for $55 a month her jaw nearly hit the floor.

    She did use the Cricket information to get a healthy discount on her plan though.

    ReplyDelete
    Replies
    1. Please explain: are you saying that Verizon will price match (or attempt to come close to Crickey?

      Delete
  12. Due to Page Plus Cellular's unsolvable auto pay issues, I am porting my mother's device to Verizon perpaid. Her work and social life puts her in the "boonies" frequently, so that requires rock solid reception which unfortunately only Verizon provides. The rest of my family uses att go phones, which work excellent for our use, but she lives/travels alone a lot. Full speed LTE unlmt. Talk/text, mobile hot spot, and even international roaming (high price) at least gives me piece of mind that we are not getting totally screwed over.

    ReplyDelete
Comment Page :