Verizon LTE 4G data is here - $50/month for 5GB of data

Brandon Davenport Dec 1, 2010 Follow Me Follow Me Follow Me Follow Me Follow Me Follow Me Follow Me Follow Us Gadgets, Mobile, breaking

A few hours ago, Verizon announced their new 4G data plans, and the areas that are receiving the LTE speeds and pricing. Around 38 markets will be brought to life when the operation is done on December 5th, including spots like Chicago, New York, San Francisco, and LA. Pricing will work like this — for $50/month you’ll get 5GB of data, and for $80/month you’ll get 10GB of data. Overages cost $10 per GB, which isn’t that crazy.

Further details - via Engadget

• More modems will be coming out within “weeks” and are all backwards compatible with its EV-DO network.
• Verizon will talk about “consumer-oriented devices” (translation: phones) at CES.
• The modems are capable of 4G-to-3G handoff, but not 3G-to-4G — they’ll stay on 3G until you’re done transmitting data.
• The LTE and 3G plans might integrate, according to CTO Tony Melone, but probably not until 2012 or 2013.
• It sounds like the modems will only be available in stores on December 5th — no third-party retailers at first.