Half Monk 697 Report post Posted July 23, 2013 While only a few places in the U.S., including Kansas City, currently have ways to sign up for a 1 Gbps Internet service, a lot of cities in the country can sign up to use Verizon's FiOS service. Today, the company announced a new top speed tier that, while not up to the 1 Gbps speeds that Google Fiber offers, is still much faster than what other ISPs have available. Verizon's new stop speed for FiOS is 500 Mbps for download, with a still speedy 100 Mbps for upload speeds. While Verizon's announcement does not reveal the pricing for this new speed, DSLReports.com has a post from a customer on their message board who managed to find out that it will cost a pretty penny; $299 a month. In its announcement, Verizon tries to show that faster Internet speeds will help both consumers and businesses. It states: While these speeds may not be standard for most (today!) let’s look at the bigger picture: the evolution of technology and the importance of broadband. The average U.S. household currently owns 7 internet connected devices, according to The NPD Group and that number will only continue to grow. By 2022, the average household with two teenage children will own roughly 50 Internet-connected devices, according to the Organization for Economic Co-operation and Development. With Verizon now offering this faster speed tier, even with its premium price, you can expect other ISPs like Time *****W, Comcast, Charter and others to follow suit in the near future. Share this post Link to post Share on other sites
