Smartphone data plan prices expected to jump $40 over 4 years

February 6, 2013 10:57:02 AM PST
If you think you're already paying too much for your smartphone data plan, just wait. It's expected to get worse.

A new report by Cisco predicts monthly bills will be about $40 higher by 2017, thanks to 4G. That's because Americans are expected to use 6.2 gigabytes of data per month by then. That's eight time more than today.

The report also predicts connection speeds will be three times faster in 2017.