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Verizon Wireless Unveils Shared-Data Plans for 10 Devices; Starting At $50

DOW JONES NEWSWIRES Verizon Wireless will launch its Share Everything Plans on June 28, allowing subscribers to cover up to 10 devices under one wireless-service contract starting at $50 a month. The joint venture of Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD, VOD.LN) said all of its Share Everything Plans include unlimited voice minutes, unlimited text, video and picture messaging, and Mobile Hotspot service. The monthly data allowances start at one gigabyte for $50 a month and range up to eight gigabytes for $90 a month. There will be no fee or contract extension for current subscribers to move to the new plans. Wireless carriers are facing increased capital budgets as they race to handle surging data traffic, just as maturing industry penetration and more competitors offering the Apple Inc. (AAPL) iPhone begin to dent revenue growth. AT&T Inc. (T) was the first U.S. carrier to limit users' data consumption when it set tiered pricing plans in 2010. Verizon Wireless currently offers a 2-gigabyte data plan for $30 monthly, and 5 gigabytes for $50 monthly. Meanwhile, Sprint Nextel Corp. (S) and T-Mobile USA still offer unlimited data plans. Write to Melodie Warner at melodie.warner@dowjones.com

Stock News for Apple (AAPL)
DateTimeHeadline
06/28/201603:03:00Lyft Hails Deal Makers -- WSJ
06/27/201618:50:00Lyft Hires M&A Banker Qatalyst Partners
06/27/201611:36:00MARKET SNAPSHOT: U.S. Stocks Plunge For Second Day After Brexit...
06/24/201611:20:00Chinese Company Defends Case Against Apple
06/24/201611:16:00Chinese Company Defends Case Against Apple
06/22/201616:32:35Current Report Filing (8-k)
06/22/201615:40:00S&P 500 Firms Spent $161.4 Billion on First-Quarter Share Buybacks
06/22/201609:50:00Foxconn to Close Inefficient Units at Sharp
06/22/201609:00:00Chinese Company in Patent Dispute With Apple Barely Exists
06/21/201617:16:00Apple Pays Back E-Book Buyers Following Settlement
06/21/201613:10:00For Apple's Next iPhone, Don't Expect Big Changes
06/21/201603:05:00Patents Drive Chinese Phone Push -- WSJ
06/20/201612:15:00Hagens Berman: Payday for Millions of e-Book Purchasers Following...
06/20/201611:40:00India Relaxes Foreign Direct Investment Rules
06/20/201611:33:00India Relaxes Foreign Direct Investment Rules
06/20/201609:51:00China Smartphone Makers Enlisting Patents in Fight for Market...
06/18/201603:02:00Apple Hits New Hurdle In China -- WSJ
06/17/201619:25:00Beijing Says Apple iPhone Violated Patent -- 5th Update
06/17/201619:22:00Beijing Says Apple iPhone Violated Patent -- 5th Update
06/17/201616:20:00Beijing Says Apple iPhone Violated Patent -- 4th Update

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