It serms Unlimited data users will have to give up an unlimited data plan only if they purchase a subsidized phone when renewing a two-year contract. In other words, if later this year you go into Verizon to upgrade to the latest iPhone and buy the phone for $200, you can kiss your unlimited data plan goodbye.

But if you shelled out the non-subsidized price for the device, about $650 for a 16GB iPhone 4S from Verizon, you keep your unlimited plan.

This is important for someone who has unlimited data on a 3G Smartphone now. If you wait to change to a 4G Smartphone after Verizon Wireless makes the change to shared data you will not be able to keep your Unlimited data plan for your 4G Smartphone. If you use more than 4 Gigabytes a month on your Smartphone then the unlimited data feature is important for you to keep. I personally use 22 Gigabytes a month because I watch a movie everyday on my Droid Bionic Smartphone but I have unlimited 4G data. A standard definition movie on Netflix uses 700 megabytes. I don’t have home internet I use my phone for everything. Read more