Verizon confirms $30 unlimited data plan for iPhone (Updated)

Speaking with the Wall Street Journal, Verizon COO Lowell McAdam has confirmed that the company will offer a $30 unlimited data plan for iPhone users.

“I’m not going to shoot myself in the foot,” McAdam said, referring to the large number of AT&T iPhone users who were grandfathered in with unlimited data prior to AT&T’s move to a tiered data pricing scheme last year.

The report also notes that anticipation of a Verizon iPhone launch appears to have held back sales during Verizon’s fourth quarter; while analysts were generally happy with the subscriber growth, McAdam wasn’t, saying, “It wasn’t what I hoped it would be.” Verizon Wireless will launch the iPhone 4 on February 10.

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