Verzion Smacks US Telecom Market With Its Unlimited Data Plans
Well known mobile carrier Verizon now seems to challenge its own tradition in its quest to be the best in terms of the network providing and connectivity. In the yesteryear, the company claimed that unlimited data plan is a waste now and has no future in the coming days. But it seems that the networking giant has still not convinced its own self with this thought. As the company continues to bring out its next-gen data plans with unlimited access facility.
According to BGR, Verizon launched its brand new unlimited data plan in February this year with an unbelievable price quotation to gain aggressive sales in the US telecom market. However, this has created a huge trouble for other carriers like Sprint, AT&T, and T-Mobile. Although, AT&T and T-Mobiles have had existing unlimited data plans during the timeline when Verizon debuted its competitive offer in this segment. But as Verizon also provided powerful network coverage, to stay in this race with potentiality AT&T and T-Mobile also spent a lot recently to improve a lot in terms of their connectivity.
As per a report by Know Your Mobile, Spring CFO Tarek Robbiati confirmed that Verizon's sudden push on unlimited data plan has immensely captured down Sprint's hold in the telecom market. He said: "The rise in competitive intensity has probably triggered a little bit more churn than we thought." Robbiati stated this at the Deutsche Bank investor conference on Tuesday. AT&T has also implemented a certain number of schemes in unlimited data plan.
T-Mobile has improved a lot in growing network strength. Perhaps the most affected carrier among all the renowned network providers in the United States is Sprint. The company has got a serious crash in the recent market and is expected to lose a number reinvestment opportunity. Verizon's offers can be traced from its official website currently.
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!