3 Telecom Stocks Seeing Action: Verizon Talks Data, AT&T Eyes Europe, Sprint’s New Venture

Verizon Communications (NYSE:VZ): Lowell McAdam, the CEO of Verizon, said that unlimited data plans were unsustainable going forward into the future of wireless communications. He claimed that, especially with the rise in popularity of videos, such offerings were bound to be very expensive, offering support for his company’s tiered pricing structure based on data usage. Sprint, meanwhile, still sells an unlimited data for life contract, where it offers unlimited data for an unlimited time span, though the company maintains the right to charge whatever price it sees fit.