“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.