Meanwhile at Verizon
Verizon on Friday reported revenue of US$27.9 billion for the third quarter, up 5.4 percent from the third quarter of 2010. Net income was $3.5 billion, up from $2.7 billion a year earlier. Adjusted earnings per share were $0.56, beating analyst expectations of $0.55.
Revenue for Verizon Wireless was $17.7 billion for the quarter, up from $16.3 billion, or by 9.1 percent, in the third quarter of 2010. Mobile data revenue was $6.1 billion, up 20.5 percent from the year earlier.
Verizon Wireless added 1.3 million connections during the quarter, bringing the company's total number of mobile customers to 107.7 million.
And However we want to use OUR UNLIMITED data is up to US. So, when you drive your car you never speed? I mean just b/c a car can go over the speed limit doesn't mean you are supposed to be doing it by that logic.
What happened was Verizon realized that once people loved and depended on their phones data that they could do this and get richer.