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In late April, Verizon Wireless introduced Verizon Cloud for smartphones and tablets, a cloud storage service available only to Verizon Wireless customers. Originally it ran on only certain Android models, but Verizon Wireless announced in late May that it is now available for iOS devices and additional Android devices, including the Samsung Galaxy S4 and the DROID DNA by HTC. Verizon Cloud allows for up to 125 GB of storage, although only the first 500 MB are free. Beyond that, pricing ranges from $2.99 a month for a 25GB plan to $9.99 for 125GB. That's competitive with DropBox's 100GB plan, but is roughly double the price of 100GB offerings from Google Drive and Microsoft’s SkyDrive.
Verizon Wireless emphasizes Verizon Cloud's ability to store phone-centric files (for example, saving copies of contact lists, text messages and call logs, although these features reportedly don't work on the iOS version), and to transfer some content between Android and iOS devices. It also stresses its potential value to multiple users sharing a data plan across several devices.
Verizon Cloud appears to supplant an existing, more limited Verizon Wireless utility called Backup Assistant, although current Backup Assistant users are switched over to Verizon Cloud.
Verizon Cloud was panned by some reviewers as being a me-too, less than price competitive, offering. An interesting aspect of Verizon Cloud, however, is that its technology was developed by Terremark, David Samberg, National PR Manager for Verizon Wireless told me in a phone interview. Terremark is Verizon Communication's (not Verizon Wirless') enterprise-grade cloud services unit; Verizon Communications owns 55% of Verizon Wireless. Terremark's proficiency in cloud services suggests a possibility that Verizon may have broader ambitions for Verizon Cloud, both on the consumer and SME (Small & Medium Enterprise) markets in the future. See Verizon's Shammo: SMB cloud is a great opportunity for growth.