Unlike the traditional 44.99 unlimited data plan previously, this plan is only 29.99 a month. You won't have access to verizon push email functionality and it is not intended to work with Outlook Exchange Server. Neitherless it is a cheaper plan with the same limit of data as the more expensive plan.
You can see more detail on it on the Verizon sheet.
http://www.boygeniusreport.com/Documents/VZWSmartphone.pdf
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