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Verizon to hike plan prices, data limits, report says

Posted: 11:42 AM, Jul 06, 2016
Updated: 2016-07-06 16:21:10Z
 

Verizon customers will likely see rate hikes beginning Friday, July 8, according to CNET.

The new plans will cost more, according to the  report , but customers will have more data available to use each month.

Here are the reported details:

  • Verizon’s low-end "S" plan will go up by $5 to $35 a month, but will include 2GB of data, doubling the data for customers.
  • The "M" plan will increase by $5 to $50 a month, and data will go up from 3GB to 4GB.
  • The "L" plan will go up by $10 to $70 a month, with data increasing from 6GB to 8GB.
  • The "XL" plan will go up by $10 to $90 a month, with customers receiving 16GB instead of 12GB.
  • The "XXL" plan will cost $10 more at $110 a month, but data will increase to 24GB from 18GB.

In addition to the price and data increases, Verizon reportedly intends to introduce its version of carryover data, which helps prevent customers from getting dinged with large data overage fees.
For a brief time, a graphic outlining some of Verizon’s possible changes surfaced on the Internet. Reddit was able to capture it and share it with its users.

 

View post on imgur.com

Verizon’s Safety Mode will slow down a user’s connection speed once the customer reaches the account data limit instead of charging overage fees. This feature will be included with the the XL and XXL plan and will cost $5 for those with the S, M or L plans.

A press conference is scheduled for Wednesday and Verizon is expected to formally announce its new plans.