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Verizon Wireless to switch from unlimited to tiered data plans on July 7th

Updated Dec 19th, 2018 7:20PM EST

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Verizon has confirmed to FierceWireless that it will move to tiered data plans on July 7th, and the new plans are in line with earlier reports for the most part. If you’re worried about losing your existing unlimited plan, fear not; only new customers will be required to subscribe to one of three new data plans: $30 for 2GB of data per month, $50 for 5GB, or $80 for 10GB. Verizon Wireless will then charge $10 per GB of data past the monthly allotment. Mobile hotspot users will need to start paying a monthly fee starting on July 7th, too. Current 4G hotspot owners will be charged $30 for unlimited use and new customers will have to pay $20 per 2GB of data consumed. The good news? Verizon confirmed that existing customers can upgrade on or after July 7th and still hang on to their unlimited data plans — for now, at least.