2 days till DOOMS DAY!
So who thinks Verizon is going to really suffer from the new plans?
Who Thinks they are going to have a record quarter?
Who Thinks they are going to have a record quarter?
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I think you'll see an initial boost because of the people flocking to stores this weekend to upgrade now (I've talked to 3-4 local stores and they've all said it's been really busy (which is good, cause no one will sell an 8360 after today)
They'll see an increase in revenue from the unlimited plan changes, and they might see a growth in prepaid sales now that people with Crappy credit finally have a realistic option for getting a Verizon phone.
I don't think you'll see a mass exodus yet, mainly because a lot of people are under contract. This gives Verizon a few months to come out with decent 1x phones, AND some phones that they can justify charging that extra data on. Heck, now that they now require data, can we FINALLY get a dumbp...
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They'll see an increase in revenue from the unlimited plan changes, and they might see a growth in prepaid sales now that people with Crappy credit finally have a realistic option for getting a Verizon phone.
I don't think you'll see a mass exodus yet, mainly because a lot of people are under contract. This gives Verizon a few months to come out with decent 1x phones, AND some phones that they can justify charging that extra data on. Heck, now that they now require data, can we FINALLY get a dumbp...
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I agree with you about Verizon loosing family plans. I refuse to pay $30 for my son to access the internet. I will not buy the $10 plan either because 25mb will be blown through in no time. I have to seriously consider my options when the time comes to upgrade. They may be forcing me off their network, which I don't want to do.
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I think that Verizon will be hurt because they have too much overhead. They have boasted that they are the biggest wireless company in the U.S., which is true and with that comes more overhead. But T-Mobile german parent company with T-Mobile has over 100 million subscribers, which tops AT&T and Verizon, and T-Mobile is still able to offer the plans dirt cheap. So is Verizon going to suffer, yes they will, but is it because they are charging less, not a chance, if they do poorly this quarter then the question is how did they not get more subscribers having the reputation that they do.
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If you're going to compare parent companies, you need to add the subscriber base of Vodaphone to Verizon, which is HUGE.
In the US, Tmobile only has around 50 million customers. The biggest thing that allows them to offer plans for the size they do is that their network is just a fraction of what Verizon or ATT have (which is less overhead). The size of their parent company has nothing to do with it.
Sprint has a much larger network, and offer rates comparable to Tmobile. Heck, they even sold off most of their towers, so their overhead isn't as large as it could be. The result? Look at their balance statements, they are loosing money.
In the US, Tmobile only has around 50 million customers. The biggest thing that allows them to offer plans for the size they do is that their network is just a fraction of what Verizon or ATT have (which is less overhead). The size of their parent company has nothing to do with it.
Sprint has a much larger network, and offer rates comparable to Tmobile. Heck, they even sold off most of their towers, so their overhead isn't as large as it could be. The result? Look at their balance statements, they are loosing money.
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If you are going to bring in parent companies then you have to include Vodaphone for Verizon, no?
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Ok, verizon has a parent company, but if you are going to go that route, especially to say that t-mobile does not have a very comparable network, then I will have to say that I think verizon is completely overpriced and that they will not lose much in overall profits, and it will make their company look more realistic. So please tell me is verizon's network worth the amount of money you are spending on it. T-Mobile and Sprint have great networks and they have great customer service. I mean come on the prices on Verizon's plans are ridiculous, and I think them dropping them is the only thing that they can do to keep the amount of customers that they have.
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I have been very critical of Verizon, but a blind man can see that there is no comparison between Verizon's footprint and T-Mobile's. It is a silly argument. Don't make it. Are they overpriced? Hell yes! If you want to make that argument then do so.
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There will be no effect from the plans. Few will opt for unlimited voice, so they will continue to see revenue from typical voice plans.
Those that need data will suck it up, those that don't will find a way around the charge. Net effect is going to be that they'll get more revenue from the people who were hovering $10 a month for ad-hoc data use anyway. They'll probably have a bunch of people taking them up on the $30 a month plan.
For all practical purposes, there is no alternative to Verizon if you absolutely must have coverage and data. And management knows it.
Those that need data will suck it up, those that don't will find a way around the charge. Net effect is going to be that they'll get more revenue from the people who were hovering $10 a month for ad-hoc data use anyway. They'll probably have a bunch of people taking them up on the $30 a month plan.
For all practical purposes, there is no alternative to Verizon if you absolutely must have coverage and data. And management knows it.
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lol.. do you honestly thing ANYONE is going to say"I'll take unlimited data on the envtouch when I can have it on the Droid for the same price" ?
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You might be surprised a lot of people still don't want to take on owning a smart phone..but you really never know. I actually hate smart phones and prefer a good multimedia phone with QWERTY!
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DOOMS DAY 🤣 I really don't give a crap it's fun to get all caught up in the rush of negativity, but I imagine verizon will continue to dominate.
I'm sure a small percentage of customers will get their panties all twisted when they're blind sided come renewal time, but chances are the majority will just suck it up and continue on with the Network.
I don't need verizon data I live in Seattle and have Clear 4G, and boost mobile 8350i! The two lines I have with verizon both are rocking the Barrage with unlimited txt and that's the way it will stay for now 😎
I'm sure a small percentage of customers will get their panties all twisted when they're blind sided come renewal time, but chances are the majority will just suck it up and continue on with the Network.
I don't need verizon data I live in Seattle and have Clear 4G, and boost mobile 8350i! The two lines I have with verizon both are rocking the Barrage with unlimited txt and that's the way it will stay for now 😎
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I don't need verizon data I live in Seattle and have Clear 4G,
Lucky, I tried 4G and it didn't work in the building I work at (The whole reason I got it). ☹️
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