June 18, 2008 by Rachel Cericola
Verizon is about to pump up the power of its FiOS service.
The company just announced that more than 10 million homes and business can soon experience download speeds up to 50 megabits per second (Mbps) and upload speeds up to 20 Mbps. The premium service, which costs $140 a month, was previously offered in just a few areas. However, starting next week, the new speeds will be available in all 16 states where FiOS is currently offered.
“The Verizon network is delivering broadband speeds that are unmatched by any competitor,” says Denny Strigl, Verizon’s president and CEO. “As our customers shoot and send their own photos and movies, work at home more often, and expand their home networks, they love the faster speeds FiOS delivers.”
The company will also give its mid-tier ($65 a month) customers a boost, from 15/2 Mbps to 20/5 Mbps.
“The appetite for bandwidth shows no signs of slowing down. Neither will we,” Strigl adds. “We’ve already had successful trials of the 100-megabit home, which will be a reality faster than anybody thinks.”
As part of the growth plan, Verizon will also expand its customer base. The company says it will reach 18 million homes and businesses by 2010.
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Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.
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