Seeking Alpha

U.S. broadband continues to get more expensive. Backing up prior comments, Verizon (VZ) is...

U.S. broadband continues to get more expensive. Backing up prior comments, Verizon (VZ) is raising the price of its base FiOS broadband plan (15 Mbps downlink/5 Mbps uplink) by $10 to $65/month, The Verge reports, and is also now insisting on a 2-year contract. The second-cheapest plan (50 Mbps down/25 Mbps up) goes for $75/month, and the costliest plan (300 Mbps down/65 Mbps) sells for $205/month. TWC is also eying broadband price hikes.
From other sites
Comments (2)
  • kmi
    , contributor
    Comments (4526) | Send Message
     
    This is another step towards tiered data plans priced by consumption and away from unlimited plans.
    4 Jun 2012, 11:18 AM Reply Like
  • dori9274
    , contributor
    Comments (6) | Send Message
     
    Yes, and folks like me will keep changing till I get what I want. Let them raise the price on unlimited plans if they want but I will always search those out.

     

    I hope Verizon knows it could very well end up like Blockbuster if it messes around too much. Maybe I should sell my stock.
    4 Jun 2012, 02:37 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs