Monday, July 22, 2013

Verizon Introduces 500 Mbps Service

If you think Google Fiber shows Google is crazy like a fox, think again: Verizon has begun deploying a new top-tier FiOS Quantum Internet access service, featuring speeds of 500 megabits per second download and 100 Mbps upload.


The 500/100 Mbps speed is initially available in parts of every FiOS market, and Verizon will deploy the service throughout the entire FiOS footprint into 2014.


For consumers, the 500/100 Mbps speed is available as part of a bundle or in stand-alone fashion, starting at $309.99 per month for a double play or $329.99 per month for a triple play with a two-year agreement.


For small businesses, the new top speed is only offered on a stand-alone basis, starting at $369.99 per month with a two-year agreement. The service also is available to consumers and small businesses on a no-contract, month-to-month basis.

Verizon's 500 Mbps service is an obvious response to Google Fiber’s ability to change consumer expectations on the speed front, though Verizon will not try to compete directly on the price front.

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