Verizon boosts FiOS top broadband speed to 50mbps

“Verizon Communications Inc. on Tuesday raised the top download speed for its fiber-based Internet service in New York, New Jersey and Connecticut, the areas where it competes with Cablevision Systems Corp. for broadband customers,” The Associated Press reports.

“New York customers of Verizon’s FiOS paying $89.95 a month can now get download speeds of 50 megabits per second, up from 30 mbps,” AP reports. “In New Jersey and Connecticut, the service costs $139.95 per month.” [According to a Verizon spokesperson, consumer demand, competition and technological factors are behind the price differences.]

AP reports, “The new speed appears to be the fastest offering from a major U.S. Internet service provider. At 50 mbps, users of Apple Computer Inc.’s iTunes Music Store could download a standard-length song in about a second.”

More info here.
The faster broadband gets, the more services such as Apple’s iTunes Store can conceivably offer.

29 Comments

  1. Jeez, but still $89.95 – $139.95 a month for broadband? I thought Cox Cable was expensive… The only thing this deal has going for it is its portability, although I don’t know the extend of its coverage…

  2. “Before you pee your pants.. 1 gig internet has been available in Hong Kong for about a year.”

    Well aren’t you the supreme stud for living in such a place. I, for one, am impressed! Good of you to point it out in your schoolyard “nanny nanny boo boo” manner.

  3. Haha! Well…

    That said, the price for 1 gb in Hong Kong is at the high end of Verizon’s range. It’s not available everywhere within HK SAR. However, 100 mb is widespread and is priced around 40ish per month.

    Another note, cable TV is done different in HK. They call it IP Cable, and is run off a small box that runs inside your network and the TV programming is streamed across the internet. It’s quite reliable. Even if you’re banging your connection hard with your P2P or whatever bandwidth hogs you might be running, the TV programming will not skip or bog down. The interactive features such as on demand exceed anything I’ve seen in the States as well.

    I doubt this will arrive States side very soon, since the US telcom market is far less competitive giving the businesses less incentive to invest in and adopt modern technologies.

  4. The US is fully competitive. It’s a market economy and is efficient.

    But the vast distances to cover even regional markets make it less worthwhile to roll out technology as such a fast clip.

  5. In the UK, I’m getting 22Mb for £29.99 per month. Sky satellite TV (Ruport Murdoch-owned) this week announced broadband for Sky customers. The high end package was 16Mb at £10 per month with no download limit. The low end was 2Mb with a 2Gb per month download limit for free.

    If you live in a UK city or large town, companies other than the former monopoly holder, British Telecom are rolling out services that far exceed 8Mb for less money than British Telecom is charging for their 8Mb service. They concentrate on larger metropolitan areas first because they are more profitable.

  6. “The US is fully competitive. It’s a market economy and is efficient.”

    Hardly. Most U.S. customers only have two or fewer choices for broadband, due to the (mostly still intact) legacy of franchise monopolies for television and telephone service. As a result, the U.S. broadband market is very uncompetitive, with high prices and relatively slow service. As a case in point, look at Verizon’s statement above:

    —————
    “New York customers of Verizon’s FiOS paying $89.95 a month can now get download speeds of 50 megabits per second, up from 30 mbps,” AP reports. “In New Jersey and Connecticut, the service costs $139.95 per month.” [According to a Verizon spokesperson, consumer demand, competition and technological factors are behind the price differences.]
    —————

    They have more competition in Manhattan than they do in New Jersey or Connecticut, so they are sticking it to the suburban customers, who only have Verizon and Comcast, or sometimes Verizon and Cablevision as their options.

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