Something that the cable companies should be worrying about, quite frankly, is the ability that Verizon will have to offer high quality phone and Television service, but broadband internet speeds that they will be unable to compete against. Here is a preliminary pricing packages from Verizon's webpage (speeds ate Download/Upload and Mbps=Megabytespersecond):
- The "low end package" at a cost of what I pay for my DSL of just $34.95/month will give you 5Mbps/2Mbps
- The "mid range package", coming in at what the cable companies charge for their broadband service, is $44.95/month and serves 15Mbps/2Mbps. (cable can only provide up to 6Mbps max!)
- Finally, the mother load and quite obviously for business, $179.95/month gives you a whopping 30Mbps/5Mbps!!!
(Pardon me while I catch my breath) Though the speed demon in me salivates at that last speed rating, the economist cannot argue that option #2 is by far the best deal of the three for the home consumer. 15 Mbps is fast enough to satisfy any gamer, any media user, any home business, any..etc..
I applaud Verizon for taking this chance to invest in the roll out (there are trucks on multiple streets in my county) and lay out the Corning fiber optic cabling to take back some of the market share that is being strangle held by the cable companies today. And who wins?
We do....we win on speed, on cost (even if you stay with cable...competition drives price wars which means lower prices), and on choices. I say..keep it up...who is next? Bring it on!!
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