Verizon Wireless has confirmed they'll be ditching unlimited data and switching to tiered data plans beginning on July, with prices starting at $10 per month and going up from there.

New smartphone customers will choose from one of four options:

  • 75 MB for $10
  • 2 GB for $30
  • 5 GB for $50
  • 10GB for $80

Overage charges will be $10 per GB.

Existing Verizon customers will be "grandfathered in" and able to keep their unlimited data plans even when upgrading their device. Users who take advantage of their free LTE mobile hotspot feature on devices like the ThunderBolt or Droid Charge will also be seeing changes, as Verizon will begin charging for the service, starting at $20 for 2GB per month for new customers or $30 for unlimited usage for existing customers.

Although most data plans are less expensive on AT&T, the addition of 5GB and 10GB per month options offer more flexibility for users who consume large amounts of data on the go. AT&T also charges $15 for an additional 200MB ($75 per GB) in data overages under their lowest plan, compared to Verizon at $10 per GB. In addition, AT&T doesn't currently offer an unlimited tethering option for grandfathered subscribers.

[FierceWireless via BGR]