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Verizon Wireless ends unlimited data plans

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Verizon Wireless – the largest wireless carrier in the US – will no longer offer unlimited data plans to new customers beginning on Thursday, July 7.

Currently, the carrier offers unlimited data plans for $30 a month. But as reported by Reuters, Verizon's new $30 plan will limit data usage to 2GB. Those who exceed 2GB will pay $10 for each additional gigabyte. The company will also offer a 5GB a month plan for $50 and a 10GB plan for a $80.

If you're already a Verizon customer, you can keep your existing unlimited data plan – even if you upgrade your phone.

With the move, Verizon has followed the lead of arch-rival AT&T, which stopped offering unlimited data plans late last year. AT&T charges $25 a month for 2GB of data, and it offers 200MB plan for a $15 per month.

Verizon will offer a 75MB plan for $10, but this will only be available on feature phones, not smartphones.

The carrier – a joint venture between Verizon Communications and Vodaphone Group – also announced that it will begin charging for its LTE mobile hotspot service, which turns certain phones into Wi-Fi access points. As it stands, the service offers unlimited bandwidth for free. But beginning on Thursday, Verizon will charge existing users $30 a month for unlimited bandwidth, and new users will pay $20 a month for 2GB of data. ®

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