Verizon CEO: Unlimited data plans are a dead end, despite Sprint and T-Mobile

Do you regret giving up your unlimited data plan when you first made the jump to capped 4G LTE services? Well too bad, says Verizon CEO Lowell McAdam: Unlimited data plans are gone for good. CNET reports that McAdam this week said during an investor conference that there was no way rival carriers Sprint and T-Mobile could keep offering smartphone users unlimited data forever because “if you allow unlimited usage, you just run out of gas.” McAdam then went on to blame the usual suspects for the death of the unlimited data plan: Bandwidth-hungry mobile users who keep clogging up Verizon’s precious spectrum with their high-definition videos. In the same speech to investors, McAdam also ruled out cutting his company’s



via Tech News Headlines - Yahoo! News http://news.yahoo.com/verizon-ceo-unlimited-data-plans-dead-end-despite-194034909.html