HTC Thunderbolt: Verizon Launching First 4G Phone w/ Unlimited Data

Verizon will be offering unlimited data with the HTC Thunderbolt, the first 4G LTE phone on its network, for $29.99 per month. Verizon insiders have indicated that new tier plans would replace the carrier’s unlimited data plans with the introduction of 4G LTE phones, but those plans are being put on hold…for now.
The HTC Thunderbolt is the first 4G LTE phone Verizon is supporting and it will go on sale Thursday. Verizon’s been selling 4G LTE modems for a few months, but has held off on introducing 4G LTE phones and tablets until now.
Here’s a quick walkthrough of the Verizon Thunderbolt by HTC at CES 2011.
Verizon charges $29.99 per month for unlimited usage of its 3G network on other phones, including the iPhone 4. By offering the same price on its first 4G device, Verizon will help avoid confusion and keep an objective over a price premium out of the mix as consumers weigh their options.
Verizon’s 4G LTE network is faster than many home and business connections, prompting some to consider cutting the cord to their DSL or cable providers. But Verizon’s long-term 4G wireless hotspot prices are still unknown. The carrier is offering complimentary wireless hotspot access on the HTC Thunderbolt through May 15, but hasn’t stated what Thunderbolt owners will have to pay to use the feature after that date. Verizon currently charges $20 per month for 2GB of hotspot bandwidth per month on its 3G smart phones.
As it stands, Verizon’s 4G LTE pricing is a much better value than AT&T’s data plans, which are capped. For those in areas with strong Verizon coverage it’ll be a no-brainer to opt for Verizon versions of popular smartphone if speed is important to you. In areas where AT&T’s service is flaky, such as in San Francisco, you’ll be able to make clearer calls. In our experience, Verizon’s 4G LTE network is significantly faster than Sprint’s 4G service, which means you’ll actually be able to take advantage of the Thunderbolt’s unlimited data plan.