Virgin Mobile's feature phone arm just added a third tier, delivering unlimited talk and texting, along with 50 megs of web access for $40 per month. This offering joins Sprint's other payLo budget offerings, including an entry-level option that includes 400 minutes of talk time for $20 per month, and a $30 monthly plan that delivers 1,500 minutes, 1,500 texts and 30MB of data. Overage charges are quite hefty, at $0.10 per minute, $0.25 per message and $1.50 per MB (ouch!), with the option to reset the counter instead by starting a new month once you hit the threshold.
Engadget, Virgin Mobile adds $40 payLo unlimited plan for talk and text types
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