Tech
              In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)
              In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)   

Verizon to kill unlimited data plans

Verizon Wireless subscribers who have held onto their $30-a-month unlimited data plans will soon be forced to upgrade to a new tiered offering the company plans to launch this summer, according to the Web site Fierce Wireless.

Speaking at the J.P Morgan Technology Media and Telecom conference today, Verizon Communications CFO Fran Shammo told investors that the company’s 3G unlimited data plans that customers were allowed to hang onto last year when Verizon switched to a tiered offering will soon go away entirely. Instead, the company will migrate its existing and new 4G LTE customers to a new “data share plan.”

Full Story: Verizon to kill unlimited data plans for existing subscribers