Verizon's New Plans Adds Data But Raises Prices

Verizon has announced on Wednesday, July 6, its new phone plans that will add more generous data usage, provide a better access to Canada and Mexico and introduce rollover data to get out of overage fees.

According to USA Today, the new Verizon plans will cost up to $10 more per month. All the new plans come with extra data and will be available starting today.

The low-end "S" plan will include 2 GB of data but it will rise by $5 to $35 a month. The "M" plan will provide 4 GB of data and it will increase by $5 to $50 a month. The "L" plan will come with 8 GB of data and it will increase by $10 to $70 a month. The "XL" plan will provide 16 GB of data and it will go up by $10 to $90 a month. Lastly, the "XXL" plan will offer 24 GB and it will cost $10 more at $110 a month.

The new Verizon plans will also give customers access to new features such as the "Carryover Data," a rollover data program. Customers will also be able to turn on "Safety Mode" in order to reduce avoid the overage fee by turning down the connection speed of an account when it has reached its limit. Once the customers reach their data limit, the "Data Boost" feature allows them to buy an additional gigabyte of data for $15. Lastly, for certain Verizon customers will be possible to use their phones in Mexico and Canada without roaming charges.

According to CNET, many of the features introduced with the new Verizon phone plans mimic perks rolled out by rivals Sprint, AT&T and T-Mobile, over the past few years. Verizon's move is a reflection of the increasing competition on the mobile phone market. As the carriers aim for more customers, they offer better deals and more perks.

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