Verizon Communications Inc.'s chief said he expects to soon start charging wireless customers based on their Internet data usage and introduce new plans with limits.
Verizon's move would follow rival carrier AT&T Inc.'s decision in June to stop selling an unlimited data plan to new customers and begin selling two service plans with monthly caps.
Verizon Chief Executive Ivan Seidenberg said Verizon Wireless's new data plans, which will likely roll out over the next four to six months, would be different from AT&T's plans, but he didn't provide details.
"We're not sure we agree yet with how they valued the data," he said at an investor conference Thursday.
This comes after new net neutrality laws pass in California.
AT&T’s CEO John Stankey said that he expects the pay-TV industry to soon hit a level of little or no growth. He predicts that it will plateau once the number of pay-TV subscribers falls somewhere between 55 and 60 million users.
PCMag released its Fastest Mobile Networks report and there are plenty of interesting insights to be found, including ones about 5G.
