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MetroPCS Cuts Unlimited Data Plan Price

NEW YORK (AP) - MetroPCS, a wireless phone company that targets low-income urban households, is cutting the price on its unlimited data service, going against the flow of the biggest phone companies.

People will be able to sign up for unlimited data, calls and texting for $55 per month. It's a limited-time offer, but you keep the rate if you sign up now.

MetroPCS had been offering unlimited data for $70 per month and a plan with 2.5 gigabytes of data for $50 per month. It slows down data service once subscribers hit that limit. Verizon and AT&T no longer offer unlimited plans to new customers.

The Dallas-based wireless provider is the fifth largest, with 9.3 million subscribers.

MetroPCS Communications Inc. has just activated a new data network, leaving it with some spare capacity.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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