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Verizon Offers Will Rattle Wireless World

Stock quotes in this article: VOD , VZ , DT , S  

A bombshell announcement this morning from Verizon Wireless could shake up the industry.

Verizon Wireless, a joint venture of Verizon (VZ Quote) and Vodafone (VOD Quote), is known for charging some of the highest rates in the U.S. for its wireless services. Now it has decided to shock the industry and begin offering flat-rate, all-you-can-talk plans. Prices begin at $99.99 a month.

Heralded in full-color, full page newspaper ads, Verizon Wireless is now offering one-price, unlimited calling plans to new subscribers.

The new "Truly Unlimited Calling" plans boast: ...

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