Verizon Communications, in a public relations blog post, criticized the announcement this week by Cablevision Systems that the cable TV company will offer a 101 Mbps service for $99.95 within the coming weeks. Verizon, which is Cablevision's main broadband competition in New York, called the upgrade a "parlor trick," suggesting that in cable's shared architecture approach, a single consumer could quickly create capacity problems with that data rate.
Verizon offers a 50 Mbps service for about $90, so while the carrier is making light of Cablevision's move, it might also want to think about adjusting its own pricing strategy. Then again, if Verizon believes Cablevision's new high-speed service is an idle threat they can't deliver, that probably won't happen.
- The Wall Street Journal has this post
Cablevision announced its 101 Mbps plan this week