Verizon Rolling Out Unlimited Data Plan As FCC Leadership Changes
Verizon announced Sunday it’s offering an unlimited data plan, which seems to be part of a growing trend in competition as new FCC leadership takes over.
Verizon, which is the largest wireless provider in the U.S., added 591,000 subscribers in the fourth quarter of the fiscal year, according to The Chicago Tribune.
T-Mobile, a big rival in the telecommunications industry, reportedly gained double the amount of customers in that time period. T-Mobile started its new unlimited data plan in August.
“It offers a ‘fightback’ moment for the company,” Jennifer Fritzsche, an analyst at Wells Fargo, said of Verizon. “This announcement sends a very strong message around the strength in the Verizon network.”