Sprint's unlimited data plan getting a price hike to $70 per month on October 16

Sprint has announced that it will soon raise the cost of its unlimited data plan. Currently available for $60 per month, Sprint's plan for unlimited talk, text, and data will have its price raised to $70 per month for new customers on October 16.

Current customers, or those that sign up by October 15, will continue to pay $60 for the foreseeable future. Additionally, these customers will be able to activate a new phone and remain on the $60 plan as long as they continue to meet the plan requirements.

In order to qualify for the plan, you'll need to purchase your device upfront, or through a qualifying Sprint payment plan, such as iPhone Forever, Sprint Lease, or Sprint Easy Pay.

Source: Sprint