Verizon to offer tiered data plans
Verizon Wireless will introduce tiered pricing in the next four to six months to take advantage of the growth in data traffic as it rolls out its faster, fourthgeneration network.
The company will add in the new pricing as it rolls out new services, Verizon Communications Inc. Chief Executive Ivan Seidenberg said at a Goldman Sachs conference in New York.
Tiered plans typically give users more price options for different network usage and eliminate unlimited packages. Dallas-based AT&T Inc., the second-largest mobile carrier, introduced tiered plans this year for its 3G network.