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Verizon is bringing back an unlimited data plan.

A Verizon sign hangs on a store October 26, 2009 in New York City. (Credit: Mario Tama/Getty Images)
A Verizon sign hangs on a store October 26, 2009 in New York City. (Credit: Mario Tama/Getty Images)

Starting Monday, Verizon customers can get unlimited data, talk and text for $80. There is also an option of $45 per line for four lines, according to a company news release.

The company says the new plan will give users unlimited data use on smartphones and tablets, in addition to video streaming, 10 GB of hotspot usage, and calls to both Mexico and Canada with Verizon Unlimited.

Although the new Verizon plan promises “fast LTE speeds,” those using a lot of data may suffer. The company said that after a customer uses 22 gb of data on a line during any billing cycle, it “may prioritize usage behind other customers in the event of network congestion.” This has become standard practice on all networks that offer unlimited data plans.

Verizon first eliminated its version of an unlimited usage plan in 2011, following similar decisions by other major wireless carriers. But companies have been steadily reviving such plans.

“We’ve built our network so we can manage all the activity customers undertake. Everything we’ve done is to provide the best experience on the best network – and we’ve built it for the future, not just for today,” said Ronan Dunne, president of Verizon’s wireless division, according to the statement.

Verizon first overhauled its data-usage plans last summer when it introduced a new “Safety Mode” plan. That technically gave customers access to unlimited data, but they were subjected to slow-as-molasses speeds after they went over their allotted data.

AT&T similarly eliminated overage fees for customers in September. Like Verizon, AT&T throttles customers speeds once they reach the data limit on their plans. The company brought back unlimited plans earlier last year, but it is only available for homes with both AT&T’s wireless phone service and either DirecTV or U-Verse TV.

Meanwhile, competitors T-Mobile and Sprint made their own bids to attract customers looking for “unlimited data” plans.

Last August, Sprint began offering a plan to give customers unlimited talk, text and high-speed data for $60 for the first line, $40 for the next, and $30 for each additional up to 10.

The T-Mobile plan, announced the same day as Sprint’s, charged $70 a month for the first line, the second at $50 and additional lines are only $20, up to eight lines.