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Verizon Phases Out Loyalty Discounts to Drive MyPlan Adoption

Verizon has begun emailing subscribers about discount removals to steer them toward its three-year price-guaranteed myPlan subscription

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Verizon might soon make it up to customers for unwelcome changes
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Overview

  • Starting September 1, Verizon will eliminate loyalty discounts that typically ranged from $10 to $40 per line on legacy postpaid plans
  • Verizon has begun informing customers via email which loyalty discounts will be removed from their accounts
  • The move is intended to migrate users into myPlan—offering a three-year price lock—and underscores CEO Hans Vestberg’s focus on profitability rather than net subscriber adds
  • Customers will also face higher activation fees, increased administrative and recovery charges, and the loss of perks like Apple Arcade and Google Play Pass on older plans
  • Subscribers with multiple lines could see annual bills rise by $240 to over $1,000 and are voicing frustration on forums like Reddit over the lack of transparency and support