If you're still on a grandfathered unlimited data plan with Verizon, your bill is about to go up. On November 15th, Big Red confirmed to Engadget that it'll increase rates for those customers by $20 a month. The carrier says that less than one percent of its customers fall into the category of still having the old unlimited plan and aren't currently under contract. Verizon also says that any user currently under contract with unlimited data will not see the price hike until their agreement is up for renewal. This follows Sprint's recent announcement about an upcoming rate increase. Of course, new customers aren't privy to an unlimited plan on Verizon, as Sprint and T-Mobile are your only two options for that at $70 and $80 per month, respectively. As you might expect, Big Red is quick to remind that if you don't need all of that data, you could save money by opting for a Verizon monthly plan with a data cap under the current pricing scheme (as this editor can attest). And you're certainly going to see some savings when the new rate kicks in. The company's full statement on the matter resides after the break.
[Image credit: AP Photo/Nam Y. Huh]