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Verizon to Hike Prices, But Will Also Increase Data Caps and Launch ‘Carryover Data’ Plan

Verizon to Hike Prices, But Will Also Increase Data Caps and Launch ‘Carryover Data’ Plan

A Tuesday report from CNET says Verizon will soon raise the prices of all of its standard plans, but in return will offer higher data caps, and offer other perks to better compete with other carriers.

Verizon to Hike Prices, But Will Also Increase Data Caps and Launch 'Carryover Data' Plan

Verizon’s Plans will change as follows:

  • The low-end “S” plan will go up by $5 to $35 a month, but will include 2 gigabytes of data, twice as much as before.
  • The “M” plan will go up by $5 to $50 a month, while its data will rise from 3GB to 4GB.
  • The “L” plan will go up by $10 to $70 a month, while data increases from 6GB to 8GB.
  • The “XL” plan will go up by $10 to $90 a month, but you’ll get 16GB, up from 12GB before.
  • The “XXL” plan will cost $10 more at $110 a month, but you will get 24GB instead of 18GB.

Carryover Data

In addition, Verizon is expected to begin offering “Carryover Data,” which will allow its customers to rollover unused data to following months. This is to compete with T-Mobile and AT&T, who already have such plans in place.

XL and XXL subscribers should also gain unlimited calls from the U.S. to Canada and Mexico, and users will be able to make use of their normal plan limits when traveling in those countries. Members of the two top tiers will also benefit from a “Safety Mode” feature, which eliminates the possibilities of overage fees, but at the expense of┬áseverely throttled data speeds once they’ve gone over their monthly data cap.

Customers on tiers lower than XL will reportedly have to pay an extra $5 for Safety Mode, and will likely still have to pay for North American roaming privileges.

Existing Verizon customers will be allowed to keep their current plans, if they decide not to switch to the new plans. Verizon will reportedly make an official announcement about the changes sometime this week.