According to All Things Digital, a Verizon spokesperson has said that they will be dropping its their Unlimited data plan option in July.

We will move to a more usage based model in July. We'll share more later.

Verizon will be switching to a tiered data option for smart phone users on their network, and according to the source, the data caps and prices will be as follows,

  • 2GB - $30/month
  • 5GB - $50/month
  • 10GB - $80/month

  • Tethering is a $20/month add-on and includes an additional 2GB of data.

  • Overages are assessed at $10/GB.

AT&T dropped their unlimited data plans last summer and switched to a tiered system, but allowed customers to stay "grandfathered" into their unlimited data plans (without the option to tether). Whether or not Verizon follows suit allow their existing users with unlimited plans to keep them, we don't know yet. ? If you are a Verizon user, does this affect you? Will it make your bill any cheaper? Let us know in the comments.

[All Things Digital]