It was long rumored that this day was coming, and now it is finally here. Verizon has announced its new limited usage data plans which start for new customers today. Plans start at $10 for 75MB of data usage for regular phones and at $30 for 2GB of data usage for smartphones.
The good news is that existing customers already on an unlimited data usage plan have no need to panic. They will remain on the unlimited plans through their contracts. Verizon has stated that even existing customers who have gone off contract, and upgrade signing a new 2 year plan will be able to get the unlimited data usage plan as well.