Verizon ditches annual cell phone contracts

August 7, 2015 7:29 PM

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Current Verizon (VZ, Tech30) customers with annual contracts can keep their plans or switch over to one of four new options.

Verizon's new monthly options are $30 a month for 1GB of data; $45 for 3G; $60 for 6GB; $80 a month for 12G.

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