Verizon Communications Inc. Rivals Play their Cards
Why isn’t Verizon Responding to Competition?
At least as far as the US is concerned, Verizon Communications Inc. ‘s main rival is AT&T. It is noteworthy that AT&T’s unlimited data plan is only available to customers who use the DirecTV option. As per the deal, the first line costs $100, whereas the second and third lines are priced at $40 per month each. However, the fourth line is free after bill credit. The $100 deal includes $60 for the plan and up to $40 as device access charges. In case users are not deemed to be fit for this plan, they will be moved to the 10 GB plan, which charges $15 per an extra GB of usage.
However, there are certain limitations to this package. The allotted unlimited text and talk is limited to Mexico and Canada only, only usable if the AT&T Roam North America feature in their device is enabled. Moreover, users may experience slower speeds after 22 GB has been used. Mobile Hotspot and Tethering will also be put to halt.
Verizon has no such plan yet, and that is surprising. In fact, at the Bank of America Merrill Lynch Global Telecom & Media Conference, the CFO Fran Shammo had stated that the wireless division won’t be affected by the 7-week-long strike that occurred in Q2. In a bid to tone down any panic among investors, he said that that strike will not have a deep impact on the profits.