FollowIn an attempt to rival competition, Verizon has reduced the cost of the prepaid plans for their customers, giving them more flexibility. The plans allow prepaid users to pay recharge their accounts monthly, mainly on the basis of their data usage requirements. These plans have been introduced due to the loss of sales in the matter of prepaid cell phones of the company.
Verizon has introduced two prepaid plans. One plan, which will cost customers $60 every month, allows data usage up to 500 MB along with unlimited texts and calls. The other plan, which will cost $70 every month, allows data usage up to 2 GB along with unlimited texts and calls. The $60 plan has been introduced newly while the 2 GB prepaid plan had been available up till now at the price of $80 per month.
However, these prepaid plans will limit the users to 3G speeds. They do not allow 4G LTE access. Moreover, the plans are only usable on phones which run on Android, Blackberry and iOS. This leaves out many handsets which run on various other operating systems, like the Bada OS or Windows Phone; although their market presence is not too significant to bother Verizon at the moment. According to Verizon, you do not need to buy the latest smart phone to enjoy high speed internet; you can do that with a relatively old mobile phone which you might be thinking of disposing away.
The compatible devices also include 3G CDMA phones. The prepaid mobile market has not been the major target for Verizon, but to boost the sales and regain the losing market, Verizon has introduced these plans. Although these new plans are still priced more than what other smaller players are offering, but Verizon believes that customers will be ready to pay a little extra for their reliable service and good customer relations. At the same time, Verizon has also increased the line up of the prepaid smart phones it offers.
