The biggest USA wireless carrier said the new package will be priced at $80 a month on a single line, with unlimited data, talk and text.
In case you missed the news, Verizon has chose to bring back unlimited data plans.
The US wireless carrier-one of the nation's largest-eliminated unlimited data plans for new customers in favor of usage-based offerings back in 2011, as it and other carriers struggled to cope with customers' skyrocketing data usage.
The company says the package also includes up to 10GB of mobile hot spot usage, calling and texting to Mexico and Canada and unlimited HD video streaming.
Since then, unlimited plans have made a comeback.
Everyone has an opinion about Verizon Communications Inc (NYSE:VZ) decision to offer an unlimited data plan.
Less the occasional short promotion, Sprint's unlimited plan has a $60 per line starting point and increases to $150 for four different lines. If customers use more than 22 gigabytes of data in a month, their speeds may be slowed if the network is busy.
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The pendulum is swinging back to the unlimited data plans with major mobile carriers that we had back at the start of the smartphone revolution.
AT&T now only sells unlimited data plans to customers who also subscribe to the company's DirecTV or U-Verse TV service. The company is again chasing the decisions of its competitors-all of which offer an unlimited plan in some form or another.
T-Mobile charges $70 for an individual plan and an additional $50 for a second line.
Verizon's latest data play follows last week's report from wireless service tracker OpenSignal indicating that its LTE network is now essentially tied in speed and coverage with T-Mobile's.
Actually, a price war has already been going on for a couple years now, he said, with T-Mobile ending two-year contracts almost four years ago.
Verizon's new plans reward those with more lines. Sprint and T-Mobile plans remain cheaper, noted Heger. A connected smartwatch can be added for just $5 per month. Verizon said that it may throttle speeds for customers who use more than 22GB of data on a line during any given billing cycle, like AT&T does.