Home » Uncategorized » Verizon Slashes Wireless Internet Rates
Image_47704_tmimage.gif

Verizon Slashes Wireless Internet Rates

Verizon Wireless is planning to lower the price of its high-speed wireless Internet service by as much as 25%. The price slash, which is expected to take place this week, will see monthly Verizon rate plans go down from US $80 to $60.

According to American Technology Research analyst Albert Lin, the price cut is part and partial of Verizon’s efforts to increase its customer base in the sector. “I think it’ll be a significant cut… I think they’re trying to maximize the time they have as a monopoly in order to build a customer base lead before there’s competition.”

The 25% decrease in rates will undoubtedly make the wireless Internet service, which till now has been geared towards business people, more accessible to consumers. However, Lin believes that Verizon will not make many changes to its high-speed consumer service, VCast; which provides content such as Web surfing and video and music downloads to mobile phones, for a $15 a month fee of course. Wireless service providers are banking that such offerings will make up for declining phone call prices, however it could turn many users to VoIP based providers.

Verizon is currently the No. 2 US mobile service provider and was in fact the first to offer wireless Web links with speeds similar to home broadband services.

About Melanie Tan

Check Also

wii-oculus-rift-hoverboard

Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.

131129-amz

Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.

131129-google

Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games

131129-gtab

Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...

131128-diy

Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.

131128-apple

No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.