It’s official! Verizon Wireless is now offering contract-free plans to both new and current subscribers.

It’s actually a new month-to-month agreement which will give subscribers the freedom to stay or leave whenever he/she wishes and likewise give them the liberty to use your their own mobile device on Verizon’s network. Of course, existing Verizon subscribers will have to wait for their current contracts to end before signing up with the new month-to-month plan, but for those new subscribers who just want to get connected on Verizon, you can sign up now. Here are some of the documents that discuss more in-depth the details pertaining to this new offering from Verizon.

With such a bold move, I wonder if others will follow in the footsteps of Verizon and go contract-free as well. What do you guys think?