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I'm not saying you specifically will benefit from decoupling phones from the monthly bill, but that the overall market is better served by reflecting the full price of the phone rather than hiding it in a fancy financing program (FFP, I just invented the acronym).
My guess is the attractive MVNO pricing has reduced market share for plans that bundle phones into the monthly cost, as few people will tolerate $75 monthly bills anymore. There is also the cost you pay by remaining a "loyal" customer by way of rate creep, or in your case, losing the "free" phone.
If you're going to stream video on mobile networks, you're going to spend more for the plan, plain and simple. Voice, text, and most browsing poses little burden on the wireless infrastructure, but video is a much bigger burden.
The only way I exceeded the data cap imposed by CenturyLink was back when I had a 20 device phone farm running video ads 24/7. Never had a problem after that, even with roommates streaming Netflix, etc.
If I were a landlord, I'd probably discuss the issue with the tenants to see if overall they would limit their use, or would rather pay more for a higher tier of service. That said, what people say they will do and what they actually do are often different, so just passing the added cost to the renters is simpler.
I'm paying all utilities including internet for my tenants and monitoring costs. If they get outside of reasonable usage, I will pass that cost on to them. I've got better renters than most.
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