Details on Verizon’s “Share Everything” plans – Not as bad as you may have expected

Verizon Wireless

Verizon Wireless announced its new Share Everything plans today. They are basically the new Verizon family plan and will allow up to 10 devices to be used on a single account.

The cost to add a smartphone is $40 a month. Afterwards, you can add up to nine additional devices. Each phone added gets unlimited voice minutes and text messaging. And all devices on your account share data From the following tiers:

1GB of shared data – $50
2GB of shared data – $60
4GB of shared data – $70
6GB of shared data – $80
8GB of shared data – $90
10GB of shared data – $100

To be honest, I was dreading the switch to Verizon’s new Share Everything Plan. I currently have a Verizon Wireless family plan with two lines, each have grandfathered unlimited data and I didn’t like the idea of losing that.

However, both of my lines share a pool of 1400 minutes and I usually end up using all of the minutes by the end of the month. Combined, my two lines never use more than 4GB worth of data a month.

In my personal situation, this new plan would actually be better and cheaper than my current plan. I would pay $80 ($40 per Smartphone) then for $70 I can share 4GB of data. That would give me as much data as I actually need and unlimited minutes and messaging for $150. Not bad at all.  Another nice bonus is free WiFi hotspot access, but of course that will use up my now limited data plan quicker.

Depending on the individual circumstances, customers could end up saving quite a bit of money with these new plans. Verizon is set to launch Share Everything plans on June 28. Read on for Verizon’s full press release.

 

BASKING RIDGE, N.J., June 12, 2012 — /PRNewswire/ — Verizon Wireless today announced Share Everything Plans that will forever change the way customers purchase wireless services.  Share Everything Plans include unlimited voice minutes, unlimited text, video and picture messaging and a single data allowance for up to 10 Verizon Wireless devices.  In addition, the Mobile Hotspot service on all the devices is included in the Share Everything Plans at no additional charge.  The groundbreaking Share Everything Plans debut on June 28 and will be available to new, as well as existing, customers who may wish to move to the new plans.

“Customers asked, and today Verizon Wireless delivered an industry first,” said Tami Erwin, vice president and chief marketing officer for Verizon Wireless.  “Share Everything Plans are the new standard for wireless service.  They are simple; customers no longer have to think about their voice and message plans, because both are unlimited.  Share Everything Plans are convenient; customers purchase one data plan and they share it with up to 10 mobile devices.  And, they are worry-free; customers can connect their 3G or 4G devices wherever and whenever they want on America’s most reliable network.”

How Share Everything Plans Work

To get started on a Share Everything Plan, customers first select the devices they want on their accounts.  The next step is to choose a plan that includes unlimited minutes, unlimited messages and a shared data allowance that begins at 1 GB for $50.  Customers adding a tablet on their Share Everything Plans can do so for an additional $10, with no long-term contract requirement. The following matrix shows pricing for an account with several different devices, such as a smartphone, a tablet and a basic phone, billed to the same individual.

Verizon Share Everything Plan

There are separate plans for accounts with only basic phones, or data only devices such as USB modems or Jetpack Mobile Hotspots at www.verizonwireless.com/ShareEverything.

“When developing these plans, we first asked customers what they wanted in a wireless service plan.  We also looked at the technology and how customers were using it to manage their lives.  And last, we took into consideration the evolution of the technology and how customers would use wireless in the future,” Erwin added.  “Share Everything Plans are the outcome of that research.  They cover every device Verizon Wireless offers, from basic phones to smartphones, from tablets to Jetpacks and more.  Share Everything Plans represent a tremendous shift in how customers think about wireless service.”

Switch to a Share Everything Plan

Customers are free to keep their existing plans, but there is no fee or contract extension to move to the new Share Everything Plans.  To help customers determine the best Share Everything Plan option, Verizon Wireless has created an easy to use online tool at www.verizonwireless.com/ShareEverything.

About Verizon Wireless Verizon Wireless operates the nation’s largest 4G LTE network and largest, most reliable 3G network. The company serves 93.0 million retail customers, including 88.0 million retail postpaid customers.  Headquartered in Basking Ridge, N.J., with 80,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD).  For more information, visit www.verizonwireless.com

Source: Verizon Wireless