Verizon Wireless Executive Director of Corporate Communications Brenda Raney said today that Verizon would be charging customers $20 per month for the iPhone Wi-Fi personal hotspot feature. That's on top of their regular data plan.
The extra $20 buys you an additional 2gb of bandwidth for the hotspot to use. AT&T subscribers on the other hand currently pay the same $20 per month for a wired tethering plan, however they aren't allotted any additional bandwidth despite paying extra for the feature and it only allows for tethering one device via USB. The only major drawback with Verizon is you'll be paying an additional $20 per gigabyte in overages -- ouch!
In addition to Verizon announcing today that a $30 unlimited data plan will be available (for now), this announcement shows Verizon is taking clear steps to differentiate themselves from AT&T.
So you're getting more bang for your buck if you go with Verizon, but do you think they hit the right price point given the massive overage charges they can apply? Let us know in the comments below!