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Verizon Caps Data

March 2, 2011 by  
Filed under Smartphones

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Verizon Wireless will join AT&T in implementing data caps in the very near future, probably in mid-summer, Verizon CFO Fran Shammo said at an investor’s conference Tuesday.

The exact timing for the move to a tiered-pricing structure has not been announced, however. AT&T squashed unlimited data plans for new customers last year.

Verizon has been selling the iPhone 4 since Feb. 10 with a $30 unlimited plan, which also applies to other smartphones it sells that are on the Verizon CDMA/EV-DO network.

Shammo said some of the details of the data caps and tiered pricing will come when Verizon launches the HTCThunderbolt on LTE soon. Thunderbolt will have a 4.3-in. screen and run Android, Verizon said in January. Read More….