- Associated Press - Wednesday, July 6, 2011

UNLIMITED ELIMINATED: On Thursday, Verizon Wireless will become the latest wireless carrier to eliminate its unlimited data plan for new smartphone users, switching to plans that give customers 2 gigabytes to 10 gigabytes of data usage per month.

THE REASONS: More people are switching to smartphones and using more data. Moving away from unlimited plans could help the wireless carriers ensure they handle the traffic on their new 4G networks and get customers to pay for what they use.

FOR CUSTOMERS: The new plans will apply to new smartphone customers and current customers who trade up to a smartphone. They won’t affect current smartphone customers.

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