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Verizon LTE plans start at $50/month for 5GB of data (update)
And here we go: Verizon just announced its 4G LTE pricing and full list of coverage areas. Some 38 markets will go live when the switch is flipped on December 5, including Chicago, New York, San Francisco, and LA, and pricing starts at $50/month for 5GB of data, with an $80/month plan for 10GB. Overages run $10 per GB, which isn't insane, and there's also supplemental coverage in around 60 airports. Check the full PR after the break. Update: Some highlights from today's press conference: More modems will be coming out within "weeks" and are all backwards compatible with its EV-DO network. Verizon will talk about "consumer-oriented devices" (translation: phones) at CES. The modems are capable of 4G-to-3G handoff, but not 3G-to-4G -- they'll stay on 3G until you're done transmitting data. The LTE and 3G plans might integrate, according to CTO Tony Melone, but probably not until 2012 or 2013. It sounds like the modems will only be available in stores on December 5th -- no third-party retailers at first.
