Verizon on Thursday said it will institute capped data plans for customers this summer much like its rival AT&T did last year, and also that it will receive Apple's fifth-generation iPhone at the same time as its competition.



From Apple Insider:

Since Apple's partnership with Verizon was announced earlier this year, Shammo has been the source of a few Apple-related details. In January, he revealed that the iPad 2, before it was announced, would have a separate model with an integrated CDMA radio for compatibility with Verizon's network.

Shammo also said his company has been pleased with initial sales of the iPhone 4, and spoke about the possibility of a 4G long-term evolution capable iPhone in the fifth-generation hardware version. He suggested the company is not concerned about whether the so-called "iPhone 5" will support LTE.

  Verizon says it will get Apple's 'iPhone 5' at same time as AT&T