And there's a bit of bad news buried in the story Verizon's chief exec, Lowell McAdam, said that when Verizon unveils its 4G network, it'll also unveil higher prices:
That new network promises much higher speeds for transferring video, for example. Verizon says it will be running in 25 to 30 cities by the end of the year.
The new network will likely bring a shift from current unlimited-use pricing plans.
"The old model of one price plan per device is going to fall away," Mr. McAdam said, adding that he expects carriers to take an approach that targets a "bucket of megabytes."
With multiple devices, customers are likely to end up paying more for connecting their gadgets to the next-generation network than they do today, he said. "It's not out of the question," he said.
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