According to this article (and he claims he talked to a Verizon rep), if you want an iphone 5 at a subsidized price, you will have to either get a shared plan if you are a new client or change your plan to a shared plan if you are a returning customer. http://www.latimes.com/business/technology/la-fi-tn-att-verizon-iphone-5-20120913,0,7508999.story If true... I gotta say I much prefer AT&T's method of offering stuff you didn't get before if you change to the new plan (no facetime over 3G which we didn't have before so it's not like I lost anything) over Verizon's method that means you don't get a cheaper iphone unless you sign a contract for their new data plan. I guess not a big deal if the shared data plans work for you, but for people like me who don't talk on the phone much, just use imessage for texting, but use a lot of data (and only have one device to put on), it really really is a sucky option. And makes me extra glad I'm on AT&T who will (hopefully) let me grandfather my unlimited and at worse make me go on a 3GB plan which is still far better for my situation than the shared data plans (Where me and my roommate would pay 30 dollars more to share 1 GB of data for both of us rather than have 3 GBs each).