While speaking at the Barclays Capital Global Communications, Media & Technology conference in New York this week, Verizon CEO Lowell McAdam discussed everything affecting his network, including the shortage of DROID Incredibles.  McAdam also covered LTE and how Verizon plans to implement data plans once its 4G network goes live.  Rather than continue on with plans that include a 5 GB cap that exist now, Verizon will roll out tiered, non-unlimited plans that offer different sizes of "buckets" of megabytes.  This should come as good news for users who have smartphones but rarely come near the 5 GB cap as they will likely be able to choose cheaper plans that better suit their needs.

Continuing with LTE, McAdam said that Verizon plans to move to using LTE for voice transmission by 2012, not long after the first LTE-capable phones are expected to land in 2011.  He went on to say that those very same LTE phones will be shown off at CES 2011, so we'll get some hands on time with Verizon's first 4G handsets next year.  Are you excited about Verizon's move to LTE?  What are your thoughts on Verizon's tiered data plans?  Share your opinions with us!

Via Engadget