I look forward to the day when Mobile & Cable companies are just dumb pipes of data.
It used to be that way, people hated it.
That wouldn't be the case if it wasn't for fractional allocation, but nobody wants to pay for true fixed allocation.
Paying based on usage solves that tragedy of the commons problem and works for utilities.
You hit a 300GB data cap with 75Mbps connection in less than 9 hours. If you want to be able to use your connection for the entire month you would get just under 1Mbps.
They should charge for the total data or the rate, but using both is ridiculous. Infinite Internet speed with a data cap is worthless to me.