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Verizon to hike price for FiOS and fees, shared data plans coming

By Rick
May 17, 2012
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  1. Speaking at an investor conference, Verizon CFO Fran Shammo shared that the company will be raising prices for FiOS and charging more for various aspects its services and products. The...

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  2. Renrew

    Renrew TS Enthusiast Posts: 244   +18

    WTG Verizon--Keep shrinking your customer base, great corporate strategy (sarcasm)
     
  3. ikesmasher

    ikesmasher TS Evangelist Posts: 1,966   +389

    I just hope they have an unlimited shared plan!
     
  4. it's really a sad situation when a company must make it's customers pay for it's capital improvements instead of it's stockholders.... verizon should pay a dividend to to any customer who must have part of there monthly bill going to towers, fiber, upgrades, ect, and it should be paid before any other dividend is paid to anyone else....
     
  5. screw this!, I'm gonna build my own network with hookers and blackjack! :)
     
  6. rigght .. because verizon doesn't already overcharge the hell out its customer base to begin with.

    & shared data plans, hey super! now three people can crowd onto a ridiculously conservative 2 GB data plan! sweet! because limited data plans in a culture migrating to purely digital HD content where an average single file size is half the monthly data allowance, make lots of sense!

    there is no financial reason whatsoever for data caps to exist with a company like verizon, despite what they tell you, and there certainly is no reason they should be bilking their overcharged customers for yet more $$ to pay for their infrastructure upgrades. how about you cut the bloated, criminal salaries of your management instead.
     
  7. don't worry...they'll lay off more employees so that the CEO can use that money for his bonus. lobster eating itself. just like GE...selling itself short so jack can get a big fat bonus.
     
  8. Verizon won't offer Fios in ATT territory. So much for competition! ATT is selling 6 Meg Internet as U-Verse here!! Both of them should buy a clue and get serious.
     
  9. great...nothing will increase our global competitiveness like stone age data limit restrictions...when will someone tell these ceos they are clueless?
     
  10. China Mobile coming?
    ****, we are afraid of Communism despite the fact we have the largest navy, the most fighter jet and stealth fighters.

    How about Mexico's Movil? Let the guy be trillionaire.

    Verizon, its too expensive..
     
  11. What a greedy company. Clueless CEO and it has already over price and charged its customers. When this is going to end. I have a family plan with 4 lines so I gonna say Bye Bye...Been with for many many years and this is how you reward your loyal customers. Wonder many customers have no respect for company such as Verizon.. Bye...
     
     
  12. stewi0001

    stewi0001 TS Enthusiast Posts: 349   +23

    Wow somebody didn't take an economics class in college. Ever heard of the supply and demand curve? Guess what, price is a factor too.

    I hope you get fired...
     
  13. Tygerstrike

    Tygerstrike TS Enthusiast Posts: 827   +93

    Its real easy to keep a grandfathered unlimited data plan. All you have to do is buy your own phone at regular retail and put it on your plan. If you dont upgrade useing your 2yr upgrade that is. They will always make you change your plan when you upgrade.
    Also if they do anything to change any part of your current contract w/o your permission, you can be let out of your contract w/o paying the early termination fee.
     


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