Verizon Is Ditching Unlimited Data Plans on July 7th

According to FierceWireless, Verizon has confirmed that they'll be getting rid of their unlimited data plans in favor of tiered pricing plans. Starting July 7th it'll be $10 for 75MB, $30 for 2GB, $50 for 5GB, and $80 for 10GB.

Overage charges will cost users $10 per GB. Also, according to Verizon spokesperson Brenda Raney, Verizon will begin charging customers for using LTE mobile hotspot (like in the ThunderBolt or Droid Charge). It's 30 bucks for unlimited LTE mobile hotspot or $20 for 2GB.

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Remember, these changes in pricing plans only affect NEW customers. You folks already on Big Red are grandfathered in (even when you upgrade your phone). [FierceWireless, DroidLife]

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DISCUSSION

The mandatory data plans are the main reason I have yet to take the smart phone splurge. I would not be a heavy data user so these costs seem crazy. I also completely distrust phone companies on the issue of costs and network management given what they still charge for voice (declining in use among the data set) and texts, which is simply pure profit to the carriers: [news.cnet.com]

I also fail to understand how this is not essentially price fixing as none of the top carriers vary significantly in the costs of their plans significantly and particularly on the data front. The only silver lining I see in the stories linked from this post is this bit:

What's next for Verizon? Verizon Communications CFO Fran Shammo hinted in May that Verizon will move to shared data plans for multiple devices after it introduces the usage-based pricing, though he did not give a timetable for doing so.

That would be something. I might go in on 2gb of data/month with the wife under this plan if we actually shared the data like our voice minutes. We'll see what happens on the front of data sharing as that is the only way I see myself getting in on this smartphone racket.