Verizon iPhone Will Become A Worse Deal This Summer

verizon iphone

Photo: AP, Photoshop by Business Insider

Mobile video-hogs take note: Verizon will stop offering unlimited data plans to iPhone buyers this summer, an executive has confirmed. The move eliminates one of Verizon’s big advantages over AT&T, although it’s generally getting better reviews for the quality of its service — particularly voice service — as well.Speaking at a Morgan Stanley conference in San Francisco, CFO Fred Shammo said that Verizon is moving to “tiered pricing” in the “mid-summer time frame.”

Verizon launched with a $30 per month unlimited data plan to attract users, but always planned on making it temporary. AT&T offered a similar $30 per month unlimited data plan from the iPhone’s original launch in 2007 all the way through the iPhone 4 release last summer, but now offers only tiered pricing.

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