Verizon says the unlimited party is over

On July 7th, Verizon will replace its unlimited smartphone data plan with three separate tiers: $30 for 2GB per month, $50 for 5GB and $80 for 10 GB.

Although the three smartphone tiers are also applicable to “feature” cell phones, the latter devices will be allotted a smaller fourth tier at $10 for 75MB per month.

As expected, users exceeding their plan limits will be charged $10 per extra 1GB.

Fortunately, current contracts remain unaffected, while existing customers who upgrade to a new smartphone and new contracts can retain the current $30 monthly unlimited data plan.

And yes, new iPhone customers will no longer be permitted to purchase an unlimited data plan.

However, users will be able to add the “Mobile Hotspot” tethering feature to an iPhone or other compatible smartphone for $20 per month, a plan which also provides an additional 2GB of data.

Verizon’s decision to axw its unlimited smartphone plan comes more than a year after AT&T rolled out its own tiered data plan, which weighs in at $25 per month for 2GB, or $15 a month for 200MB.

AT&T customers and iPhone users also have the option of purchasing a tethering plan that offers 4GB total for $45 per month.

[Via ComputerWorldAppleInsider]