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Verizon denies plan to ax unlimited data

May 20, 2011 12:00:00 AM PDT
Despite online reports, a Verizon spokesman said the company has no plans to end its unlimited data for smartphones.

Several reports online stated that Verizon was planning to axe its unlimited smartphone data plan this summer, quoting the company's CFO at the Reuters Global Technology Summit.

However, the spokesman said on Friday afternoon that the CFO was misquoted, and that it was not true.