Nortel is going to be supplying Verizon with the new EVDO rev. A equipment, upgrading download speeds to a theoretical maximum of 3.1 Megabits per second (Mbps), and upload speeds to a theoretical max of 1.8 Mbps. Of course, theoretical means that unless you're living or working within cancer distance of the tower, your actual speeds are going to be much lower.
All this DVDA (Double Verizon Data Access, what'd you think we meant?) action is coming your way 3Q 2006, ahead of Sprint/Nextel's own deployment. Who knows whether Verizon will raise prices after the upgrade is in place, so you may want to get your data plans now and get them grandfathered in.
Press Release [Verizon]