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Over the past week, the four big US wireless carriers have made two things clear: They’re easily spooked, and competition works. From Feb. 12 through Feb. 17, a cascading series of rate cuts and service-plan liberalizations have seen the price of unlimited data plans tumble from a high of infinity to, at worst, $100. The pricing battle started when Verizon (VZ) made a surprise announcement on Feb. 12 saying the company would start selling unlimited data plans for $80 for a single line without the kind of video streaming and hotspot limits T-Mobile (TMUS) imposed on its $70 unlimited plan.
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