Verizon Communications Inc. has reduced the price of home broadband to $25 per month for wireless users in some areas where Fios fiber-optic network and wireless Internet access are available.
Customers with premium 5G mobile data plans can take advantage of the deal in over 2,700 cities, according to the company.
Verizon pushes for faster products
As Verizon promotes speedier 5G services, the move is another enticement for mobile users to switch to more expensive contracts. Next month, the company will raise the price of limited mobile data plans by $6 per line or $12 per household.
Verizon marketed the offer as a less expensive alternative to cable for people dealing with the country’s highest inflation in 40 years.
According to the company, the $25-per-month deal does not require a contract or purchase of hardware. For fiber, speeds start at 300 megabits per second.