Will VZ Stock Benefit From a Three-Year Price Lock Guarantee?
Verizon Communications Inc. VZ has announced a three-year price lock guarantee for all its myPlan and myHome network plans. This ensures that the core monthly plan price for calling, data and texting will not change in the next three-year period, excluding taxes, fees and perks. The hassle-free enrollment for the changeover is being done automatically for all existing users and is reset for the next three years each time myPlan is changed. The customer-first strategy is designed to woo new customers and retain existing ones amid a challenging macroeconomic environment.
At the same time, Verizon guarantees a free phone from Apple, Google or Samsung with any myPlan enrollment when users trade in any phone in any condition. Home…