Verizon to discontinue unlimited iPhone data plans

A report from Bloomberg earlier today cites comments from Verizon Chief Financial Officer Fran Shammo confirming the company’s intentions to discontinue its unlimited data plans for the iPhone. When Verizon announced its $30 unlimited plan for the iPhone 4 in late January, Chief Operating Officer Lowell McAdam indicated that the plan would be a temporary offering and that Verizon would eventually be moving to tiered data pricing for the iPhone, however no specific time frame was given beyond in the “not too distance future.” However, during a conference call at the Morgan Stanley Technology, Media and Telecom Conference today, Shammo indicated that such plans are “not a long-term solution” and indicated that a move to tiered data pricing could come as soon as this summer. The company has not provided any further details on plans that would replace the current unlimited plan or how this change would affect existing subscribers.