Verizon held their quarterly earnings call for investors today during which CFO Andrew Davies announced that the mobile coverage mammoth will be introducing data sharing plans, allowing your whole family to share one data plan for all the devices in your home.
There isn’t too many details at the moment all we know is that the family data sharing plan option will be available sometime this summer.
During the call Verizon also announced that they activated 3.2 million iPhones during the first quarter of 2012, which is a 24 percent decrease from the previous quarter where they activated 4.3 million Apple handsets. While the numers are a significant drop you have to take into consideration that the previous quarter included the holiday season, and the 3.2 million iPhones Verizon sold in the first quarter of 2012 was still more than 50 percent of the total smartphones they sold.
Also, 9.1 percent of all smartphones sold during Q1 were on Verizon’s LTE network, and revenues were up 1.1 billion from Q1 of 2011. 47 percent of the devices that Verizon sold during Q1 were smartphones, which suggests that devices like the iPhone and Android will soon be more popular that feature phones.