Verizon today announced that they would be bringing shared family data plans to the Big Red network mid-summer of this year. After mentioning it once in the past, we really didn’t have an idea regarding how long it would take Verizon to bring it to all those who wish to have it. They originally targeted the middle of this year and they’ll definitely be hitting that original estimation with this new timeline.
The news was shared in their Q1 earnings call today. Shared data plans will allow customers to pay one flat rate for a pool of data that members of a family plan will all eat from.
Of course, Verizon wasn’t willing to go into details regarding plan rates, but we imagine they won’t be allowing any unlimited options, and those who are still on unlimited data probably won’t be able to take advantage of the deal unless they’re willing to lose it.
In the grand scheme of things, it should help a lot of families save a lot of money if they find that they aren’t using a ton of combined data each month. We won’t know until it happens, though mid-summer is nearly here. We should know more by the time all the festivals come to town.