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Verizon CEO confirms plans for tiered data pricing

Vlad Savov

We told you so. The Wall Street Journal has updated its recent article detailing disclosures from Verizon Wireless chief Ivan Seidenberg, and the latest news is as bad as it is predictable: VZW plans to consign unlimited data plans to the annals of history over the next four to six months, to be replaced by tiered, consumption-based pricing. Seidenberg says Verizon's prices will surely differ from what AT&T recently introduced, noting that his company values data differently to the competition -- though he wouldn't say whether that means costs will be higher or lower. Either way, Droidsters, enjoy your last few months in the unlimited sun.

[Thanks, Tyler]

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