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Verizon Wireless Confirms Tiered Pricing For LTE Services

Speaking at a conference this week, Verizon Wireless CEO Lowell McAdam said that it will not offer unlimited use of its Long Term Evolution network, and will instead use tiered pricing programs. McAdam indicated that customers will "buy buckets of data by the megabyte." McAdam didn't say what its LTE services would be priced at. Today, Verizon's MiFi and laptop dongle users have access to 5GB of data for $60 per month. McAdam also noted that laptop dongles and similar devices would be the first to access the LTE network, though three to five handsets will be available during the first half of 2011. McAdam hinted that some of the devices would be introduced at the Consumer Electronics Show in January 2011. "People will be surprised by the number and variety of [LTE] devices we will bring to the table," he said. McAdam was careful to also mention that the cost of carrying 1 megabyte of data across its LTE network will cost one-half to one-third what it currently costs, and he expects all voice traffic coming from LTE customers to use VoIP over LTE by 2012 rather than its CDMA network.

Source: Phonescoop

Added: 05/27/2010