Electronics, Verizon Wireless | featured news

A movement urging Verizon to get rid of wireless contracts appears to be gaining steam. A petition calling for the carrier to end contracts for smartphones and "create an affordable way for consumers to purchase their devices" had attracted more than 55,000 signatures by midday Tuesday on Change.org, the online petition platform.

Verizon Wireless, the nation's largest cellphone company, is dropping nearly all of its phone plans in favor of pricing schemes that encourage consumers to connect their non-phone devices, like tablets and PCs, to Verizon's network.

Verizon Wireless plans to scrap its unlimited data plan for new smartphone subscribers beginning Thursday and replace it with monthly packages that range from $30 to $80.