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Verizon cuts data plan prices

(CNN) — Verizon has cut the cost of many of its monthly shared data plans.

The broadband and telecommunications company announced this week that it is reducing the price of most plans by $10. Now its cheapest plan starts at $30 per month.

Existing customers will need to contact Verizon to take advantage of the new pricing.

Here’s the breakdown of the data plans’ updated prices and the newly added options, including 12-, 14- and 16-gigabyte plans: