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Edition: U.S. Article Comments (1) Global Technology Summit Verizon eyes family data plans European start-ups shy away from IPO frenzy Alcatel CEO looks to future growth SAP sees growth from new businesses Google, Apple not unassailable in smartphone race NXP says demand for NFC chips to soar Venture funds look beyond social media Death of PC exaggerated, sales look OK Follow Reuters Facebook Twitter RSS YouTube Read Predictor of May 21 Judgment Day to monitor news broadcasts | 11:06am EDT Whistleblower says Russian troops fed dog food 11:31am EDT Media zoom in on mystery Schwarzenegger mistress | 18 May 2011 Predictor of May 21 doomsday to watch it on TV 10:57am EDT Strauss-Kahn arrives at court for bail hearing | 11:59am EDT Discussed 102 Texas county official says ”stupid” feds sparked fire 80 Israel-Palestinian violence erupts on three borders 68 Boehner says ready to cut budget deal today Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 End of the world as we know it...on May 21 Wed, May 18 2011 Schwarzenegger's mistress identified, Oprah hosts celebrity send-off 1:43am EDT small business The top 100 business minds What does the head of Al Jazeera and comedian Conan O'Brien have in common? They're two of the world's 100 most creative business people, according to Fast Company magazine. See who else made the list. Full Article VC funds look beyond social media Can a Navy SEAL help your business? Bad weather is big business for startup Verizon eyes family data plans Tweet Share this By Sinead Carew NEW YORK (Reuters) - Verizon Wireless expects to offer family plans for data services supporting multiple devices including smartphones and tablet computers at some point in the future, according to a top executive of parent company... Email Print Related News SK Telecom eyes $1.8 billion in LTE investments Wed, May 18 2011 Apple plans smaller SIM card Tue, May 17 2011 Vodafone's upbeat tone surprises after sector woe Tue, May 17 2011 Sony begins restoring PlayStation after security breach Sun, May 15 2011 AT&T, T-Mobile USA break-up is $6 billion: sources Thu, May 12 2011 Analysis & Opinion Tech wrap: Sony’s new security setback Rent-a-Google Related Topics Technology » Media » An employee holds out an iPhone for a customer at a Verizon store in Boston, Massachusetts February 10, 2011. Credit: Reuters/Brian Snyder By Sinead Carew NEW YORK | Thu May 19, 2011 1:36pm EDT NEW YORK (Reuters) - Verizon Wireless expects to offer family plans for data services supporting multiple devices including smartphones and tablet computers at some point in the future, according to a top executive of parent company Verizon Communications. (VZ.N) Verizon Wireless plans to kick off pricing changes this summer by eliminating smartphone plans that allow unlimited Web access for a flat fee. It will replace them with tiered pricing that forces heavy data users to pay more for mobile data. After this change the company will look to soften the blow by offering more options such as family plans for data services, Chief Financial Officer Fran Shammo told the Reuters Global Technology Summit. While families can share a bucket of minutes for phone calls today, each family member with a smartphone has to pay $30 per month each for data services. If they own a tablet computer they pay another separate data fee. "We had individual minutes for individual users. Then we eventually got to what we call family share where everyone in the family shares the same minutes," Shammo said. "I think it's safe to assume that at some point you are going to have mega-plans (for data) and people are going to share that mega-plan based on the number of devices within their family. That's just a logical progression," he said, but did not provide a time frame for such mega-plans. HIGH-SPEED IPHONE? Like its rival AT&T Inc (T.N), Verizon is limiting usage of data services to avoid putting a strain on its network or increasing network costs out of proportion with monthly fees. But since they are also dependent on data services for revenue growth, operators are still figuring out how to cap usage in a way that makes data services affordable enough for consumers to use devices other than phones on their network. In February Verizon ramped up its competitive efforts against AT&T by launching a version of the Apple Inc (AAPL.O) iPhone, which had previously been exclusive to AT&T. While Verizon has sold fewer iPhones than some analysts expected, Shammo said he was happy with sales of the "six-month-old phone" that only works in some countries. When the next iPhone model launches Verizon will be able to offer it at the same time as AT&T. Verizon's version will also work in as many countries as AT&T's iPhone, which has global coverage, Shammo said. Some customers held off on buying the first Verizon iPhone because they were waiting for a model that supports Verizon's high-speed wireless service, which runs on a new technology called Long Term Evolution (LTE). Shammo said that even if the next iPhone does not support LTE, Verizon will have enough high-speed alternatives to sell. "I think it's a bigger issue for Apple than it is for us," he said. "Depending on where Apple plays, that's where we'll sell." PREPAID "IMPORTANT" For voice services Verizon focuses mainly on postpaid customers who pay monthly bills and commit to a long term contract. It is also experimenting with prepaid services, where customers pay in advance but do not commit to a contract as this is the one area in voice services that is growing. Until now Verizon's prepaid services have been uncompetitive with more specialist rivals and have made the biggest in-roads in the market by renting network space to prepaid provider Tracfone, a unit of America Movil (AMXL.MX). The company has yet to decide if it will expand nationwide with a $50 per month prepaid plan it is testing in Florida and elsewhere, according to Shammo. He said Verizon would do what it "needs to do" in prepaid. "We've always said we're a postpaid company," he said. "That doesn't mean that prepaid is not important to us." Expansion of the prepaid plan would put Verizon into direct competition with smaller rivals such as MetroPCS (PCS.N) and Leap Wireless (LEAP.O). Verizon Wireless is currently the top U.S. mobile provider but it will be leapfrogged by AT&T next year if AT&T gains regulatory approval for its $39 billion plan to buy T-Mobile USA, a unit of Deutsche Telekom (DTEGn.DE). Verizon, which recently bought business services firm Terremark, may add to this deal with the purchase of boutique software companies worth less than $100 million, Shammo told Reuters. Verizon is the majority owner of Verizon Wireless, its venture with Vodafone Group Plc. (VOD.L). (Reporting by Sinead Carew, editing by Matthew Lewis) Technology Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (1) Ocala123456789 wrote: sprint rocks… May 19, 2011 2:38pm EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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