What Verizon's New Plan Means for These 4 Telecoms

The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Bill Mann and Joe Magyer, discuss the latest business news. Verizon announced new "Share Everything" plans that will share a set amount of mobile data access among up to 10 smartphones, tablets, and other devices, all while providing unlimited voice minutes and text messaging. Will this be good for customers, shareholders, or both? In this segment, the guys analyze the changing landscape in the telecom industry and share why both A&T and Sprint Nextel will be watching the success of Verizon's new strategy closely, and why telecoms like Leap Wireless and MetroPCS Communications should be nervous.

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  • Report this Comment On June 14, 2012, at 8:39 AM, conradsands wrote:

    For the post-paid customer, the fact remains that Sprint is the only U.S. carrier to offer them the iPhone experience with unlimited data plans starting at $79.99 per month. Plus, Verizon now charges its customers $30 to upgrade to a new phone when they renew. AT&T charges $36. But Sprint only charges $18. An investment writer recently summed it up best: “Sprint offers the best value proposition for a new smartphone user. I got my first smartphone on Sprint because a new AT&T or Verizon data plan is outrageous. My Sprint plan includes 450 afternoon mobile-to-landline minutes, unlimited other minutes, and unlimited texting and data for $79.99. Unlimited AT&T or Verizon plans would approach $150, and to get a comparably-priced package, I'd have to settle on limited data or texting plans, which I'd have to constantly try to not blow through. Why get a smartphone if you can't have fun using it?” Sprint also placed first in the industry in customer satisfaction, according to results from the 2011 and 2012 American Customer Satisfaction Index.

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