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Verizon slashes service plan pricing to match AT&T

Updated Apr 2nd, 2014 2:02PM EDT
Verizon Service Plan Price Cut

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Verizon Wireless on Wednesday made a key strategic change to its service plan pricing that shows the nation’s biggest wireless carrier isn’t quite big enough to ignore the ongoing price war taking place in the U.S. mobile market. AT&T has been actively promoting its new Mobile Share price plans with a series of commercials explaining that with these new plans, a family can have four smartphones with unlimited voice minutes, unlimited messaging and 10GB of shared data for $160 per month. Well guess what — Verizon Wireless just slashed its pricing and matched AT&T’s offer to the penny.

As noted by FierceWireless, Verizon on Tuesday confirmed that it will now cut the cost of its service for some Edge upgrade plan holders. For customers who choose service plans with 10GB of data or more, the cost of service will drop by $25 per month instead of $20. The change will not impact customers with traditional contracts where smartphones are purchased at a discount up front, but rather only customers with smartphones that are not subsidized.

“A Verizon spokesperson explained that Verizon previously charged $20 per month per smartphone line for customers who chose 10 GB buckets or more and who subscribed to its Edge upgrade program,” FierceWireless’ Mike Dano wrote. “Now, Verizon is charging $15 per month per smartphone line. The carrier said it is not changing the pricing–$30 per line–on plans below 8 GB. The carrier also said that pricing remains the same–$40 per month per line–on plans that include a smartphone subsidy.”

The new pricing is available for a limited time and it goes into effect immediately, though the discounts will not automatically be applied to current subscribers.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.