With new iPhones set to arrive soon, AT&T announces revamped data plans

In the wake of Verizon’s newly announced decision to finally scrap subsidized phones and two-year contracts, AT&T follows suit with a new set of Mobile Share Value plans that cuts down the price of most plans while offering more data for some.

Shares of AT&T (T – Get Report) are climbing 0.64% to $34.03 in afternoon trading on Friday after the wireless company unveiled its new mobile share plan today.

AT&T is introducing new Mobile Share Value plans that aim to give customers more data for less money. Shortly after announcing bold initiatives such as paying off rivals’ early termination fees and giving customers rollover data plans, AT&T quickly followed suit with similar initiatives of its own.

Some AT&T subscribers are already receiving 15GB at the $100 price thanks to a limited-time promotion the carrier ran last November.

25 GB for $170, which is a new option AT&T said is designed for small businesses with multiple lines.

2GB for $30 – This replaces our 1GB and 3GB plans for $25 and $40, respectively. For more, check out the chart below. AT&T also offers higher data plans, including 25GB, 30GB, 40GB and 50GB, as well as up to 200GB for enterprise clients. Subscribers looking for even more data will find the current 20GB data for $150/month drops to $140/month tomorrow.

If you’re only using one line, you’ll be just fine with one of the smaller data plans, as long as you don’t exceed your allotted usage.

AT&T has revised its mobile data plans.

Its first announcement following the acquisition was geared toward converting more DirecTV and U-verse customers to AT&T wireless subscribers.

Under that plan, customers will each receive a $300 credit on their bills for each line they move to AT&T when they purchase new smartphones with an AT&T Next plan. “Customers on a new 15GB plan o…”>.

Moreover, AT&T retained its expectation of deriving an impressive $2.5 billion worth of cost synergies from the DIRECTV deal on an annualized basis, from the third year post acquisition.

Sprint recently unveiled its new “Open World” global roaming service that makes unlimited calling and texting to Canada, Mexico and other Latin American countries free for its U.S.-based customers. Other line types range from $10 to $40 a month.