Verizon shifts speeds, eyes higher TV prices

Verizon made good on its plan to expand higher, symmetrical speed tiers for FiOS  broadband access that also include a higher 20 Mbps ceiling for uploads speeds and 50 Mbps for downstream in several markets. The carrier originally launched the symmetrical services in three states, but now offers it in 16.

Verizon also is planning to raise the price for its primary package of FiOS TV services by about 12% to $47.99 per month. With a bit of success against cable TV companies, maybe telcos will start to get confident about increasing prices, believing they can win over new TV customers without using the conventional wisdom that initial prices need to stay low. Let's hope they don't get too confident.

For more:
- read Verizon's press release on the speed shift
- see this story in Multichannel News about the price hike

Related articles:
- Verizon announced the symmetrical offering last month