Here's a story so hot you might get burned, and in fact, after you hear about it, you might feel burned. According to a report over on The Verge, Verizon plans to raise the price of their Grandfathered Unlimited plans by $20 USD per line. This new rate will apply starting in November. The specifics of the increase are that the monthly "grandfathered unlimited data plan" will go up by $20 per line to $49.99, and this is on top of what you pay for voice and text.
Furthermore, this new change will only impact customers who are out of contract, and once you go "month to month" the rate will then change to the new amount. Also, government and corporate accounts won't be included in the price increase. There is one tiny "upside" to this new change. Verizon will now let customers buy new smartphones through a monthly payment plan; whereas before, if you wanted to keep the grandfathered unlimited plan, you had to purchase the phone outright.
According to Big Red, just 1% of their customers are still on a a grandfathered unlimited plan, which is how they are justifying the move. Either way, it looks like they are doing their level best to kill it off, one way or the other. We knew that something like this would eventually come... it's actually only surprising that it took this long. Share your pain here.
Thanks for the tip, @dezymond!