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Verizon ready to raise prices, speeds for FiOS

Written by Andre Yoskowitz (Google+) @ 20 May 2012 0:10 User comments (2)

Verizon ready to raise prices, speeds for FiOS According to reports, Verizon is looking to raise speeds on their FiOS broadband network, but at a price.
The speed bump will hit all four tiers of the service, with the mid-end 25Mbps download tier being bumped to 50Mbps and the 35 Mbps service hopping to 75 Mbps downstream.

On the low end, the 15Mbps service seems to be unchanged, as is the extremely fast 150Mbps high-end tier. If accurate, Verizon is looking to offer a 300 Mbps tier, as well, which would blow away any current competitors.

The reports claims the changes could be coming as soon as June 18th but Verizon has not commented.

Even if the speed increases don't come to fruition, consumers are almost guaranteed to see the price jump: "I think that you'll see us do some price increases here over the next two quarters," says CFO Fran Shammo.

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2 user comments

121.5.2012 10:47

I just can't understand this trend. We're starting to see such great speeds, but in return we get silly data caps. Get to everything on the web quicker but use it less! Makes no sense.

225.5.2012 10:16

Originally posted by buxtahuda:
I just can't understand this trend. We're starting to see such great speeds, but in return we get silly data caps. Get to everything on the web quicker but use it less! Makes no sense.
Makes perfect sense. From a business standpoint, that is.

The world's going digital. These companies know it so they're going to rape their customers as long as they can, until there's so much outcry that the government has to step in and regulate it.

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