Verizon: End of Unlimited Data Plans Likely Coming Soon

Verizon has beaten this drum before, but it seems that AT&T's move to tiered data has inspired them to cut unlimited plans as soon as this year. It's time to say goodbye to the all-you-can-download buffet.

The comments this time came from CFO John Killian, who came out more explicitly than past Verizon execs in favor of a tiered system in a recent Businessweek interview

"We will probably need to change the design of our pricing where it will not be totally unlimited, flat rate."

Killian also mentioned that they're currently in the process of finalizing new 4G data plans, so there are no specifics but they're coming soon. 4G is again the scapegoat, as Killian mentioned that "explosions in traffic" will make unlimited, flat rate plans unfeasible.

Well, it was fun while it lasted. At least Clearwire's committed to keeping unlimited 4G plans alive. For now. [Businessweek]