Longtime Verizon smartphone users took comfort in the $30 monthly charge for unlimited data. All of that is set to end on July 7 with the introduction of tiered data packages.
In a statement obtained by droid-life.com, Verizon has overhauled its pricing scheme with three new data tiers - 2GB, 5GB, and 10GB - with monthly rates of $30, $50, and $80 respectively. These prices apply to both 3G and 4G phone owners.
There is a separate tiered pricing scheme for those who want tethering. These packages tack on an extra 2GB and $20 to each basic data package. The options are 4GB, 7GB, and 12GB with monthly rates of $50, $70, and $100 respectively.
The penalty for exceeding the data cap is $10 per 1 GB. It used to be $1.99 per Mbyte. Times have changed.