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Speaking at an investor conference, Verizon CFO Fran Shammo sharedthat the company will be raising prices for FiOS and charging more for various aspects its services and products.The price hike is intended to offset the tens of billions ofdollars Verizon spent on recent infrastructure upgrades, such asexpanding its 4G LTE and FiOS coverage. "You'll see us do some price increases here over the next twoquarters" Shammo told investors, referring to FiOS inparticular. He also mentioned that Verizon plans to increase feesfor set-top box and digital converter rentals, citing the comapny'srecent phone upgrade fee increase as an example. Referred to as a "game changer", Verizon also plans tointroduce shared data plans. Currently, cellular customers must purchase separate data plansfor each of their devices or tether them to wireless-capabledevices. What Verizon is planning will do away with the need forMiFi or tethering by allowing customers to use each of theirdevices using a single plan. Sound great? You bet. Paying for multiple data plans on the sameaccount has always made very little sense, so the unification ofwireless device data is a welcome addition, even if only from acost perspective. However, Shammo also told investors that Verizonexpects wireless data subscribers to actually spend more. "Asthey add more devices, they are going to have to buy up into tiers.So again, you will see the revenue increase there." the CFOtheorized. Needless to say, an increase in revenue also implies an increase inthe total amount subscribers pay. Unfortunately, no details weregiven about what to expect in terms of the costs and feesassociated with upcoming shared data plans. Also, headlines across the web are reporting that Verizon is killing grandfathered-in unlimited data plans. This appears to be false,as All Things Digital points out . Existing subscribers who enjoy unlimited 3G will continue to doso indefinitely; however, all-you-can 4G LTE will become a thing ofthe past. Ultimately, 3G subscribers looking to migrate to greener4G pastures will have to settle for the only options available --tiered plans. The e-commerce company in China offers quality products such as Carpet Artificial Grass , Artificial Grass Installation Manufacturer, and more. For more , please visit Indoor Artificial Grass today!
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