Verizon Wireless offers prepaid LTE pricing option

Verizon Wireless (NYSE:VZ) is offering a no-contract LTE rate plan option in addition to its postpaid LTE pricing, a Verizon spokeswoman confirmed to sister publication FierceWireless.

Verizon is offering the same pricing as its postpaid offering--$50 for 5 GB or $80 for 10 GB with $10 per GB overage charge. Customers would pay $100 for a USB LTE modem from Verizon--either the LG VL600 or the Pantech UML290--if they sign a two-year contract; or $250 if they opt to go month-to-month.

Verizon launched its commercial LTE service in 38 markets and at more than 60 airports Sunday. The modems also will work on Verizon's 3G EVDO network.  

According to speed tests of the network conducted by PC Magazine, Verizon's LTE service offered a peak speed of 21 Mbps. At that speed, the publication noted, customers would burn through a 5 GB data allotment in 32 minutes. Verizon has said that its LTE network, even when fully-loaded, will deliver real-world downlink speeds of 5-12 Mbps and uplink speeds of 2-5 Mbps. 

For more:
- see this FierceWireless article
- read this PC Magazine article
- see this Verizon LTE FAQ page

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