Verizon Communications reiterated its stance recently that it won't "throttle" its unlimited customers, according to CNET. That's a different approach than AT&T, T-Mobile, and Sprint, which havethrottled their unlimited customers in high-data traffic areas, and typically after they've surpassed 22 GB in a billing cycle.
But Verizon has its own strategy for curbing excessive data usage. The carrier is increasing the monthly price for those still in its unlimited plans (which it no longer offers) by $20 per month starting in November. Click on the slideshow below to find out why Verizon is making the change, and why other carriers will likely have to follow suit in the future.
Continue Reading Below
The article Verizon Won't Cap Its Unlimited Data Plans -- Here's How It's Getting Subscribers to Ditch the Plans Instead originally appeared on Fool.com.
Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Verizon Communications. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.