June 18, 2012
Verizon Makes Quantum Leap With FiOS Service
Peter Suciu for redOrbit.com
On Monday Verizon announced that its residential customers will now have access to the fastest-ever FiOS Internet service. Dubbed FiOS Quantum, the new Internet tiers offer download/upload speeds of 50/2, 75/35/, 150/65 and a truly whooping 300/65 Mbps — the latter three tiers reportedly offer speeds twice as fast as what was previously offered by Verizon.
“A revolution in speed has arrived,” said Bob Mudge, president of Verizon´s consumer and mass market business unit. “The new FiOS Internet speed and bundle options provide incredible value, and represent the most significant mass scale, consumer broadband speed enhancement in the nation in the past decade.”
However, the cost for the flagship service will hit high-speed Internet junky wallets to the tune of $209.99 per month on a month-to-month basis, or $204.99 based on a two-year agreement for the Quantum service. The 150 Mbps service — which includes the same 65 Mbps — is around $100 per month. The other packages include the 75/35 Mbps plan for $90 and scale down in price from there.
Existing FiOS customers will have the option to upgrade to the new tiers with no fee.
It should also be noted that the $210 rate for the 300 Mbps package was until this announcement the pricing for the step down 150 Mbps service. Verizon on Monday also announced that it had cut the price of its 150 Mbps service to $99.99, down from $209.99. Thus those who are already paying $209.99 could either see a price drop of more than $100 or continue to pay and get double the download speed — of course the upload speed will at present remain the same.
Speed is the name of the game it seems as Verizon and its rivals Comcast and Time Warner continue to offer fast and faster services, but with this move Verizon has truly made its Quantum leap forward. By comparison Comcast is offering speeds of 105 Mbps (download) for around $200 a month, while Cablevision´s 101 Mbps (download) is offered for $104.95.
This speed is necessary for those who are looking to watch content that is delivered through broadband services.
“As consumers stream and watch more movies, sports and shows in their homes and on devices other than traditional TVs, such as smartphones, tablets, gaming consoles, Smart TVs and Blu-ray players, they need faster broadband to enhance their experience,” said Mike Ritter, CMO for Verizon´s consumer and mass market business unit.
It seems that more and more users do want the speed too. Arturo Picicci, Verizon´s director of product management told Reuters this week that more than 80 of Verizon customers will want more than the 15 megabits per second.
But for those that can wait for a movie to download, Verizon will continue to offers its entry-level speed of 15/5 Mbps as well. While the movie might take about 2.2 minutes to download over 300 Mbps — or about the time it takes to pop the popcorn — it will take about 44.4 minutes with the 15 Mbps service.
Maybe time for dinner and a movie instead!