Verizon to Phase Out Unlimited Data Plans

By Dustin Lushing, Newser Staff

Verizon is scrapping the $30-a-month unlimited data plan that it still gives to 3G customers who signed up for it before the company switched to a tiered system, reports FierceWireless.

When the "grandfathered" customers upgrade their devices, they will be shifted over to Verizon's new data-share plan that is launching mid-summer.

"A lot of our 90 million 3G base is unlimited. As they start to migrate into 4G, they will have to come off unlimited and go onto the data-share plan," Verizon's CFO said at a tech conference, reports PCMag.

Verizon stopped offering new customers unlimited plans for their smartphones in July 2011. Its upcoming data-share plans will allow users to connect multiple devices to one account.

--Written by Dustin Lushing of Newser