Unlimited data is different then Phone As Modem for most every carrier, sprint and vz included. You won't get charged minutes, but you will be violating your TOS by using PAM without paying the extra for it.
Most people do it anyway, at least now and then. VZ "unlimited" data is only about 5gb/mo.
FYI that's more of a service/carrier question, so its less likely to be answered here, although I'm pretty sure its come up here and there.
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