Verizon Updates Terms Of Service

Verizon after getting hit where it hurts the most (the wallet) has now smartened up and defined what they consider “unlimited”. Here is the new clause where Verizon reserves the right to play spoilsport!

“If usage exceeds 5 GB per line during any billing period, we reserve the right to reduce throughput speeds of any application that would otherwise exceed such speed to a maximum of approximately 200 Kbps.  These speeds are subject to change, in our reasonable discretion, in order to address network issues.”

[Via jkOnTheRun]