Verizon to put an end to its unlimited-data plan

As more and more subscribers embrace LTE, Fierce Wireless reports that Verizon plans to phase out its unlimited data plan, first introduced when the company peddled only 3G data. According to the report, the nation’s largest carrier will soon force both existing and new subscribers to sign up for a “data share plan,” which Verizon aims to launch this summer.

As these 3G unlimited data plan customers migrate to 4G LTE, they will have to purchase the company’s data-share plan (which Verizon plans to launch in mid-summer) and move off the $30 per month unlimited data plan. “Everyone will be on data share.” said Fran Shammo.

It’s well known that Verizon frequently throttles unlimited-data subscribers, but despite having to deal with speeds that often don’t mesh with the carrier’s claims, we suspect many grandfathered-in subscribers won’t be happy about potentially paying more for their data.

Source: Fierce Wireless