In terms of plans and pricing, Verizon so far is sticking with two capped data plans that it unveiled last year: a $50 per month plan that offers 5GB of data consumption and an $80 per month plan that offers 10GB of data consumption. While users are allowed to go over their monthly limits on both plans, Verizon says it's going to charge users $10 per GB of extra data consumed. The carrier sends users text alerts when they reach certain monthly data thresholds, informing them when they have consumed 50%, 75%, 90% and 100% of their monthly data allowance.

Rival carrier said at this year's Consumer Electronics Show that it planned on launching its own LTE services in a limited number of markets this summer. So far AT&T has relied on upgrading its 3G HSPA network to HSPA+ technology to boost data speeds before making the switch to LTE.

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