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Verizon tests market for lower-priced monthly plan

Amid rising price pressure from T-Mobile and Sprint, Verizon Wireless announced a cheaper option in its standard data plans on Monday, Re/code reported.

To more, click here.

By Ina Fried, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.