It's good to be part of a duopoly. In addition to talking about Verizon's (VZ) upcoming shared...

|About: Verizon Communications (VZ)|By:, SA News Editor

It's good to be part of a duopoly. In addition to talking about Verizon's (VZ) upcoming shared data plans, CFO Fran Shammo said Big Red plans to hike prices for its FiOS fiber-to-the-home TV and Internet services, citing strong customer satisfaction. Shammo's remarks come even though Verizon has no plans to invest in expanding FiOS into new markets. Time Warner Cable (TWC) is also reportedly planning to raise its broadband prices.