A Verizon official announced the company will begin forcing users with grandfathered-in unlimited data plans to choose data share plans when they migrate to the company's 4G network.
With 3G no longer the fastest option, users are expected to migrate to Verizon's 4G LTE network, and as they do, they will be forced to give up their unlimited plans for Verizon's tiered data plans, said Fran Shammo, chief financial officer for Verizon Communications, Wednesday at the JPMorgan Technology, Media and Telecom conference.
"As you come through an upgrade cycle and you upgrade in the future, you will have to go onto the data share plan," Shammo said, according to a transcript available online from Verizon. "And moving away from, if you will, the unlimited world and moving everybody into a tiered structure data share-type plan."
But the announcement has not been well-received by Verizon customers on Twitter, who have immediately begun expressing their disappointment.
At least one user tweeted Verizon would be losing his business and another user said, "Soo Verizon is going to punish us long time customers for upgrading to a 4G LTE device by taking away our unlimited data plans? :("