NEW YORK - Verizon Wireless introduced an unlimited calling plan $99.99 a month on Tuesday, a move that was quickly matched by AT&T Mobility and T-Mobile USA and weighed down stock prices for all U.S. mobile carriers.
Verizon Wireless was apparently the first major carrier to make an "unlimited" plan available nationwide with no domestic roaming or long-distance fees. Its announcement was all but five hours old when AT&T announced its own unlimited plan.
"This is a highly competitive market and we're committed to moving fast to meet customer needs," said Ralph de la Vega, chief executive of AT&T Mobility.
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