Verizon to end grandfathered unlimited plans with LTE switch

Speaking at the J.P. Morgan Technology, Media and Telecom conference, Verizon CFO Fran Shammo said that the company plans to phase customers out of grandfathered-in unlimited data plans as they migrate to LTE. “Everyone will be on data share,” Shammo said, clarifying that, “a lot of our 3G base is on unlimited… [and] when they migrate off 3G they will have to go to data share.” Verizon plans to introduce new shared family data plans in the middle of the year.

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