Rumor: Verizon to close loophole allowing unlimited data for those buying a subsidized phone

Verizon customers who had grandfathered their way into an unlimited data plan, have been unable to upgrade their subsidized phone without losing their unlimited data. By not allowing grandfathered Verizon customers to upgrade using another subsidized phone, Verizon was slowly dropping the number of its members with an unlimited plan. But one trick employed by Verizon customers, had account holders upgrading a $9.99 a month featurephone account to buy a subsidized smartphone, and then switching the smartphone to the line with unlimited data.



The featurephone line used to purchase the subsidized ...



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