Updated
Updated · 9to5Mac · Jun 16
Verizon Launches $45 Simplicity Plan and 3% Loyalty Rewards, Scrapping $40 Upgrade Fees
Updated
Updated · 9to5Mac · Jun 16

Verizon Launches $45 Simplicity Plan and 3% Loyalty Rewards, Scrapping $40 Upgrade Fees

3 articles · Updated · 9to5Mac · Jun 16

Summary

  • Verizon paired a new loyalty push for existing users with switcher-focused plans, offering 3% back in Verizon Dollars starting in July and ending activation and upgrade fees.
  • The carrier said the overhaul targets a common complaint that attractive deals favor new subscribers, pitching simpler pricing and equal access to its top 5G network.
  • Simplicity starts at $45 a month, with a $30-per-line promotional rate for switchers, including unlimited 5G Ultra Wideband, 10GB of hotspot data, Canada and Mexico roaming, and satellite texting.
  • Verizon One targets new customers with a combined mobile-and-home package at $70 a month, taxes and fees included, on a single bill.
  • The moves extend Verizon's broader customer-retention effort as it tries to improve subscriber growth in a fiercely competitive U.S. wireless market.

Insights

In a fierce price war, can Verizon's new loyalty plan truly stop customers from switching to cheaper rivals?
Beyond new phone plans, is Verizon's big bet on 5G Home Internet the real key to its future dominance?