updated 02:57 pm EDT, Mon August 18, 2014
New More Everything comes with $15 overage charges, requires new activation or upgrade
US cellular provider Verizon announced a revised offering today in an attempt to be competitive with data in the mobile market. Under the new plan, Verizon customers will be getting a discounted rate for a single-line account, while gaining an additional 1GB of data per month for two years, along with unlimited talk and text for a single phone line.
The new plan is one of Verizon's More Everything models, allowing customers to change over to a single-line plan at a discounted rate. Verizon is offering the More Everything plan with 2GB data per month for two years, tied to a contract period, or for "as long as the smartphone remains active." Pricing for the plan is only $60. By comparison, a More Everything plan with the same amount of data would run $90 otherwise, or $80 with Verizon Edge.
There are a few catches with the plan, the largest being that it requires a new smartphone to qualify. Existing customers will have to upgrade to a new smartphone to be able to sign up for the plan offer. New customers to Verizon qualify for the plan, but still need to buy a new phone to get it and cannot bring their own device. While the $60 plan comes with a data ceiling of 2GB, anything over that will run account holders an extra $15 for every 1GB over.
Verizon Edge customers aren't left out of the deal either, as the carrier is extending a similar discount to them. Edge customers get the plan at $50, a reflection of the $10 discount that the account holders are generally afforded.
The new account allows Verizon to be more in line with some of the offerings from other carriers. T-Mobile customers have no data overages, but face throttling under their $60-a-month plans, with 3GB of data. The next closest plan from the top four carriers is an AT&T Next plan, which offers the same features for $65 a month. Data overages also run $15 per gigabyte over. Sprint Framily plans offer $55 for as similar plan, but only 1GB for data. For another $10 that can be bumped up to 3GB, bringing it in line with the AT&T Next offering.