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In what appears to be a move following AT&T, Verizon Wireless may be killing off unlimited data plans as well.  In an interview with Bloomberg’s BusinessWeek, Verizon Chief Financial Officer John Killan stated the following:

We will probably need to change the design of our pricing where it will not be totally unlimited, flat rate.

Verizon is basically worried that as they roll out their 4G networks, people will use much more data for things like streaming videos and downloading music.  This is an attempt to keep the network running smoothly with more Internet-enabled smartphones coming around.

According to Killan, customers using smartphones like the Droid and Incredible are pulling down an average of 600-800MB of data per month, and with the smartphone market growing, he believes that they will eventually make up around 70-80% of Verizon’s customers.  So you do the math, that will be a lot of data pulled down, and that’s what Verizon is fearing.

SO Verizon may be following in the footsteps of AT&T.  Which means that the possibility of Sprint and T-Mobile doing the same is there as well.  Am I the only one worried about coming off my currently unlimited plan into a world of tiered and capped data plans?

What do you guys think?

via CNET