The user's current phone number must be switched to Verizon and the bill must be enrolled in paperless auto-pay in order for the plan's offer to apply, according to a company press release.
That was until competitors like T-Mobile and Sprint won over customers by rolling out unlimited data plans last summer.
Verizon's unlimited plan also includes HD video streaming, mobile hotspot functionality, calling and texting to and from Canada and Mexico, and up to 500 MB per day of 4G LTE roaming data in Canada and Mexico.
The Un-carrier today also announced a killer new deal for T-Mobile ONE with two lines. However, T-Mobile and Sprint have been taking the market shares by offering unlimited data plan.
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.
The biggest US wireless carrier said the new package will be priced at $80 a month on a single line, with unlimited data, talk and text.
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Your move, Verizon. Your move. "If you don't need unlimited data, we still have 5 GB, S, M, and L Verizon plans that are flawless for you". However, Sprint is also offering a limited promotion of five lines for one year for $90 a month.
"We've built our network so we can manage all the activity customers undertake", said Ronan Dunne, president of Verizon's wireless division. Sloan says carriers will kick you off your plan.
AT&T now only sells unlimited data plans to customers who also subscribe to the company's DirecTV or U-Verse TV service.
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. That price is only offered for one year, after which the first line will cost $60, the second will be an additional $40, and each subsequent line will cost $30. Additionally, customers must use AutoPay.
Verizon said in January that it added fewer subscribers than anticipated in the fourth quarter. Customers who surpass 22GB for the month will witness speed bumps in their connection during busy times to prevent network congestion. We've asked the company if it plans to change that Friday and will provide an update if we get one.