Verizon Prepping Family Data Plans for Mid-Year Launch
Verizon Wireless expects to offer family data plans by the middle of the year. Verizon CTO Fran Shammo, speaking at an investor conference, said that the company has been researching shared data plans for a year and is taking its time to make sure it figures out the right way to approach it. Shammo said it is "a very complex equation because we have to make sure that it's good for Verizon and it's also good for our customer. It's important to realize that the day we launch this account billing, everybody won't be migrating to the account billing day one. This is going to be a long-term migration into where we want to get data plan sharing, but this will be more of a 4G play." Shammo didn't specifically say if the data plans would require LTE 4G devices, not did he share any details regarding pricing. Shared data plans will allow multiple devices to pool the same bucket of monthly data usage.