More Confusion Come, Verizon Prepared To Introduce New Data Plans

We regularly talk with clients that find their telecom bills to be frustrating to decipher and understand.  Our clients simply don’t have the time or feel that it is worth their effort to spend 10 – 20 plus hours reviewing their bills.  Understandably, after diligent review and scrutinizing – most businesses throw their hands in the air and decide that if their bills remain within a “comfortable tolerance” of last month’s bill, it’s probably okay.

Hence the $8,000 cell phone bill last month grows to $8,900 – eh, it’s probably a okay.  Then inevitably the bill creep continues until after a few months, the bill inexplicably have reached $9,600.  Why?

As industry watchdogs, we see carriers introduce pricing changes that occur from time-to-time.  Some end users find the moves helpful, others find it confusing.

Take for instance today, the Wall Street Journal reports that Verizon is going to be introducing new data plans over the coming months moving away from the “unlimited” data plan of $29.99 per month.  This moves seems to mimic AT&T recent change in their data plans.  What exactly those new plans will look like will undoubtedly be based on usage level and seems to be an answer to stem the money-losing proposition of “giving away” bandwidth for free.

This gives the end-user one more reason to watch over their bills more carefully and yet another way to add to the confusion of how to monitor and mitigate telecom bill creep

As consumers we have little recourse other than to be overly cautious in watching those bills.  Make sure you take time to take notice of rate changes and when signing on the dotted line how that might effect you in the future, one things for certain – your bills aren’t going to be any easier to read, this I can promise.

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