Verizon Wireless, the top U.S. mobile provider, plans on Tuesday to unveil a version of the Apple Inc iPhone for its service and will kick off sales of the device a few weeks later, a source told Reuters.
Reuters says the iPhone will be offered under Verizon's existing service plans.The Wall Street Journal clarifies and says that Verizon will be offering unlimited data plans:
Verizon Wireless will offer unlimited data plans when it starts selling the iPhone, a person familiar with the matter said, providing a key means of distinguishing its service from rival AT&T Inc.
Such a move would make Verizon's offering more appealing than AT&T's who recently capped their data plans for iPhone users. AT&T's present offerings include 200MB and 2GB capped plans with additional charges for overages. The unlimited data plan is no longer an option for new AT&T customers. Verizon has also been an advocate of moving from Unlimited to tiered data plans, but it seems for now they will be using the unlimited plan as a competitive advantage. Verizon is hosting a media even on Tuesday, January 11th and is widely expected to introduce a Verizon-compatible iPhone.

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