AT&T drops unlimited data plans

AT&T has caused quite a stir with its announcement that the company would eliminate unlimited data plans for its customers.

AT&T has caused quite a stir with its announcement that the company would eliminate unlimited data plans for its customers.

For those who use less than 200 megabytes of data each month, the price of the plan would be significantly reduced, The New York Times reported, and AT&T said 65% of smartphone users use less than 200 megabytes a month.

While some AT&T customers have been venting about the changes via Twitter and other networks, analysts have said this could be a smart move for the mobile industry. The key question is whether or not other carriers will follow suit. Oppenheimer & Co. analyst Timothy Horan told ZDNet:
Tiered smartphone data pricing is positive for the entire communications industry, as data usage will continue to grow, which will provide more consistent and visible long-term revenue growth. We expect VZ and others to implement similar plans.

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