Verizon to Change Mobile-Data Plans

Verizon Communications Inc.'s chief said he expects to soon start charging wireless customers based on their Internet data usage and introduce new plans with limits.

Verizon's move would follow rival carrier AT&T Inc.'s decision in June to stop selling an unlimited data plan to new customers and begin selling two service plans with monthly caps.

Verizon Chief Executive Ivan Seidenberg said Verizon Wireless's new data plans, which will likely roll out over the next four to six months, would be different from AT&T's plans, but he didn't provide details.

"We're not sure we agree yet with how they valued the data," he said at an investor conference Thursday.

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