Verizon Tiered Data Pricing Could Happen Oct. 28
Rumors have been flying lately about Verizon putting an end to unlimited data for smartphone users. Now sources have pointed out a date when it will happen and how it will work, but it's likely not what you expected.
According to industry sources, Verizon will institute tiered data pricing on October 28. However, in contrast to AT&T's 2GB data cap, Verizon will still have an unlimited option. Phone users can choose between $15 per month for 150MB (AT&T charges the same price for 200MB) and $30 per month for unlimited access.
MiFi-equipped Verizon iPads will have the same pricing plan as previously reported. MiFi and FiveSpot owners will have different options, including $50 for 5GB, $80 for 10GB and a promotional price of $35 for 3GB to appeal to tablet owners.
Those who have feature phones instead of smartphones can still get unlimited data and 150MB plans, but there will also be a $1.99/MB "pay as you go" option. The tip also specifically states that these prices are only for Verizon's 3G network. The company plans to announce a separate pricing plan for the 4G network closer to its launch.