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Verizon Raises Wireless Plan Rates, Offers More Data


Ron Burgundy
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The logo of Dow Jones Industrial Average stock market index listed company Verizon is seen in San Diego, CaliforniaVerizon Communications Inc , the No. 1 U.S. wireless provider, said on Wednesday that it would increase plan rates but expand data buckets by 30 percent for its customers, who increasingly stream content through mobile devices. The redesigned plans and app come as the company, known for its high-quality network, is locked in a battle for subscribers with competitors in the saturated U.S. wireless market. The new rate plans are meant to help customers tackle data overage costs and "reflect the significant growth in individual data use," Rob Miller, vice president of consumer pricing at Verizon said in a webcast on Wednesday.




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