It was only June earlier this year that Verizon Wireless updated its Verizon Edge plans. But it appears that the carrier is about to make changes to its Edge plans yet again, as well as adjusting the prices for its More Everything plans.
As reported by Droid Life, beginning Thursday, October 16th, Verizon will prolong the repayment period for its Verizon Edge plans from 20 months to 24 months. This means customers under these plans will be required lesser monthly repayments, albeit it will take them longer to finally own their device.
To be ready to upgrade, you must have paid off a minimum of 75 percent of the full cost of your handset (increased from the previous 60 percent minimum requirement). It appears that you will still be allowed to upgrade on Verizon Edge any time after 30 days, as long as you have paid the minimum required amount. Or, you can complete the required number of repayments and upgrade after 18 months.
As for subscribers who are under a More Everything plan and have purchase a device through Verizon Edge, they will still get a line discount every month. But anyone who is under a plan of 8 gigabytes of data (or less) per month, the discount will increase from $10 a month to $15 a month. Since the standard access fee for a smartphone line of service is $40 monthly, subscribers under Verizon Edge with smaller data usage inclusions will pay $25 every month instead.
The $25 monthly line discount for Verizon Edge users under More Everything plans of 10 gigabytes (or more) per month will remain unchanged, which means the the access fee is still kept at $15 monthly.
The carrier has also restructured its smaller More Everything plans. The More Everything 500 megabytes plan is now $20 monthly (down from $30 per month previously), with data overages charged at $15 per extra 250 megabytes.
But it is not all good news. The $40 1-gigabyte plan will now cost $60 monthly, with data overages charged at $15 per extra 500 megabytes. The More Everything 2 gigabyte plan also gets a revamp -- it is now at $75 monthly, with data overages charged at $15 per extra 1 gigabyte.
All plans have unlimited calls and text messaging as well as mobile hotspot inclusions, but users should note that the pricing does not include the smartphone line access fee they will pay for each device connected to the plan. Thus, subscribers with subsidized devices on two-year agreements will pay $40 monthly for each device, while those who got their phones through Verizon Edge (or brought their own paid-off devices to the plan) will pay $25 monthly.
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