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Verizon Dropping Contracts, Subsidies, and Family Plans

On 13 August 2015, Verizon Wireless will radically change the way it sells mobile phones and cellular service. Contracts, subsidies, and family plans are being eliminated for anyone not on an existing contract. Instead, customers will pay the full price of their phones, with an installment plan available to spread out the cost. It will cost $30 per month for unlimited talk and text, plus 1 GB of data, with an additional $20 “access fee” for connecting a smartphone or $10 for a tablet. Other plans include 3 GB of data for $45, 6 GB for $60, and 12 GB for $80.

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