“Verizon Communications Inc. will stop offering unlimited data plans on the Apple Inc. iPhone as soon as this summer, Chief Financial Officer Fran Shammo said,” Greg Bensinger reports for Bloomberg.

“The carrier, which began selling the iPhone last month, now offers a $30 unlimited data plan on the device,” Bensinger reports. “Such plans on the handset are ‘not a long-term solution,’ Shammo said.”

Read more in the full article here.

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