Verizon Fios launches 5Gbps broadband plan to challenge AT&T and Google Fiber
The new service, priced at $90 to $105 per month, aims to capture market share in the high-speed residential internet sector against established rivals.
Verizon Fios has introduced a new 5Gbps home internet plan, effectively doubling the speed of its previous 2Gbps flagship offering. The service is priced at $105 per month for existing customers and $90 per month for new customers who switch from another provider, with a five-year price lock on the promotional rate. Verizon states the speed allows for rapid downloads and supports multiple high-bandwidth devices simultaneously. The plan is positioned as a competitive alternative to Google Fiber and AT&T offerings.
The new 5Gbps plan is more than twice as fast as Verizon’s previous 2Gbps flagship. For new customers switching from another provider, the $90 per month rate is locked in for five years. Upgrading existing Fios customers are offered a three-year price lock, presumably at the standard $105 per month rate. Verizon claims the speed allows for downloading 100GB game patches in approximately 2.7 minutes. The plan is positioned as a competitive alternative to Google Fiber’s $100 3Gbps service and AT&T’s 5Gbps plan, which costs $135 per month (or $95 for the first 12 months for new customers).
Verizon Fios previously offered a 2Gbps plan as its fastest option. The telecommunications market includes competitors such as Google Fiber, AT&T, and Ziply. Ziply offers a significantly faster 50Gbps plan for $900 per month, though this is not directly comparable in terms of value or target market. The retrieved historical context regarding the Tour de France is unrelated to this telecommunications event and has been excluded.
Availability is limited to "select locations," though specific regions are not detailed in the source material. The exact pricing for upgrading existing customers beyond the three-year lock is not specified, only that it is "presumably" at the $105 monthly rate. The term "smart alliances" used in Verizon's marketing material appears to be a typo for "smart appliances" or similar; the exact intended meaning is unclear.
Verizon Fios has launched a new 5Gbps home internet plan, replacing the 2Gbps flagship. Pricing announced: $105/month for existing customers (three-year lock) and $90/month for new switchers (five-year lock). Verizon positions the plan against Google Fiber ($100 for 3Gbps) and AT&T ($135 for 5Gbps).
