Wednesday, January 08, 2014

Verizon CEO says unlimited data has to go away eventually


Verizon Wireless CEO Lowell McAdam said he doesn’t see anyway for unlimited to work in wireless at Citi 2014 Internet, Media & Telecommunications Conference. McAdam also said that other carriers offering unlimited still will do crazy things when they’re on the edge of bankruptcy, which indicates they feel T-Mobile and Sprint business models won’t be sustainable in the long term. McAdam did applaud T-Mobile for their un-carrier moves saying how they benefited consumers moving the industry in a positive profitable direction. These statements indicate Verizon will likely never be bringing back unlimited service and is focused on adding AWS spectrum for overly congested areas to preserve a stable, reliable and consistent data connection across the country.