Over the weekend, Verizon announced a new unlimited data plan for $80 per month, created to rival T-Mobile's ONE data plan that provides unlimited data for $70 per month.
You'll also get "unlimited" mobile hotspot with this new plan, but there are some exceptions here as well.
Verizon said it will once again offer unlimited data, talk, and text to new and existing customers starting on February 13, in addition to its 2GB-, 4GB-, 5GB-, and 8GB-a-month data plans. Verizon has rolled out its own unlimited data plan and its plan gives you the HD streaming you pay extra for with T-Mobile.
The plan also includes HD video streaming, Mobile Hotspot, voice and text coverage to Mexico and Canada, and up to 500 MB/day of roaming in both US neighbors. You can compare each carrier's unlimited plan in the chart provided below. For instance, Sprint is now running a limited time promotion that offers unlimited talk, text and data for $50 per month for one line or $90 monthly for five lines. Additionally, customers must use AutoPay.
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All four major United States wireless carriers-AT&T, Verizon, T-Mobile, and Sprint-now each offer some version of an unlimited plan. The deal provides data, talk, and text for $50 per month for one line, or $90 per month for two lines. The move is in response to several of Verizon's competitors who have also reintroduced unlimited data plans.
Like competing plans, Verizon's unlimited plan has a "soft cap" - Verizon's is 22 Gigabytes per month - after which usage could be slowed and prioritized for overall network efficiencies.
Actually, a price war has already been going on for a couple years now, he said, with T-Mobile ending two-year contracts almost four years ago. Verizon is also offering new customers with older phones the option to buy one of the new smartphones for $5 a month. Customers who surpass 22GB for the month will witness speed bumps in their connection during busy times to prevent network congestion. The company's return to unlimited data is likely a move to try and retain customers and spur growth in 2017, emphasizing the heightened contest within the industry.