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Verizon adds monthly plans to prepaid lineup

In November 2007, Verizon did away with their popular EasyPay prepaid monthly plans. The reason, as they told it, was so they could focus more on their pay-as-you-go plans. They introduced new rate plans earlier that month, and with fees from 99 cents to $2.99 per day, it made sense that they wanted customers on those plans. But with other prepaid services changing to a rate plan system, Verizon has adapted. They’ve introduced new monthly plans that mimic their contract counterparts.

The above graphic describes the rate plans. They’re actually the same as the postpaid contract plans, but $5 per month more expensive and with no Friends & Family numbers. Though, how they charge an overage rate for an unlimited talk plan is beyond me. Like the new MetroPCS plans, the listed price is the final price. There’s no specific mention of it, but I assume unlimited mobile to mobile applies for prepaid.

What does this mean for Verizon’s pay-as-you-go plans? At $3.99 per month, the unlimited talk plan comes out to $120 per month, or $25 more than the new unlimited talk and text plan. The 5 cents per minute plan costs $1.99 per day, or $60 per month before you even make a call. Could we see Verizon dump these, or perhaps revamp them to give them a different value proposition?