In a very competitive telecommunications industry, add to that the pressure from mobile messaging applications like WhatsApp, service providers must be creative enough to lure in more customers. Verizon Wireless hopes that its newest AllSet prepaid plans can do just that.

Verizon announced, Monday, its all new prepaid AllSet Plans that will make communications more affordable for consumers. The company launched its latest offering to ensure that its consumers can enjoy their unique mobile lifestyles.

"A prepaid plan offers flexibility, no annual contracts and access to the Verizon Wireless network - all at an affordable price. The new ALLSET PLANS from Verizon Wireless, offer prepaid options starting as low as $35 for basic phones and $45 for smartphones with unlimited messaging and 500 MB of data, giving flexibility to those who need it. And for a limited time, smartphone customers can double their monthly data to 1 GB by enrolling in Auto Pay," Verizon said in a statement.

If 500MB of data is not enough, Verizon offers affordable data packages called "Bridge Data." For $5, a prepaid customer can get an extra 500MB of data that will have a 30-day expiration. Those who need more can get an extra 1GB or 3GB of data with 90-day expiration for $10 and $20, respectively.

Verizon also throws in unlimited texting to Mexico, Puerto Rico, and Canada for no extra cost. Just like how TV shopping goes, there is more. The company also gives customers who avail of the $45-AllSet Plans 1,000 minutes of long distance calls to Mexico and Canada each month for a limited time.

AllSet Plan customers can also use their smartphones as a mobile hotspot so family or friends can use them to access  Wi-Fi networks.

In January, Verizon hit back on T-Mobile's early termination  promo by allowing its Edge customers to upgrade even just after a month of using their devices.

In mid-February, threw a punch on AT&T and T-Mobile by introducing the "More Everything" plan that gave consumers more options for messaging, storage, and other options on its LTE network.

The new AllSet Plan, however, might be slowed down if customers look for 4G LTE speeds since it just gives users access to the company's 3G network.

The plans are not the lowest-priced offers in the country. AT&T has a $45-offer called Straight Talk that will also give consumers unlimited talk and text messaging plus 2.5GB of data using the network's 4G LTE connection per month. Meanwhile T-Mobile has a similar plan for $60 per month.

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