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Verizon vs T Mobile plan

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http://forum.xda-developers.com – My current T mobile plan is: Unlimited Minutes, Unlimited Text, and Unlimited Data (2GB of 4g, then throttled) for $79.99/month, plus a discount, so I pay $78 every month. Now I never looked at Verizon plans because I have always heard they were so much more expensive.. so tonight I decide to look into it.. and I don't know If I am looking at them wrong or what.. But I see a plan.. SHARE EVERYTHING UNL TALK & TEXT 4GB $70 0612 Which I would read as Unlimited Minutes, Unlimited Text, and 4GB of LTE/4G Data for $70??? Is this correct or what? If it is that means I can get more w (HowTos)