Verizon to phase out most existing phone plans

Published June 12, 2012 8:30pm ET



NEW YORK (AP) — Verizon Wireless, the nation’s largest cellphone company, is phasing out nearly all of its existing phone plans and replacing them with pricing schemes that encourage customers to connect their non-phone devices, like tablets and PCs, to the Verizon network.

The revamped plans let families and other subscribers share a monthly data allowance over as many as 10 devices — the biggest overhaul in the price of wireless service since the cellphone became a mainstream device. The idea is likely to be copied quickly, at least by AT&T Inc., which has already said it is considering introducing shared-data plans soon.

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