Verizon's got a new set of prepaid plans for smartphone users that are hoping to keep costs down. The monthly plans, which appear to be restricted to a small number of phones unable to access Big Red's LTE network, both offer unlimited talk and text; on the data side, the $60 plan grants you 500MB while $70 bumps that ceiling up to 2GB. Head below to the sources to get all the necessary info.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.