It's only matched by the increase in price. Check this out, FiOS subscribers who want to take advantage of the service's top tier speed -- 300Mbps for downloads/65Mbps for uploads -- will have to pony up $204.99 a month, with a two-year agreement, according to a report appearing in The Verge.
For speed demons, the boost to 300Mbps will be a boon, as it will match the top speed of many dual-band routers. The speed increase is less exciting for owners of single-band routers, which typically only use the 2.4GHz band topping out at 150Mbps.
Verizon's new service will be rolled out on June 17, the report notes. The current top speed for FiOS is 150Mbps for downloads/35Mbps for uploads. That top tier will be increased to 300/65. Below that will be a 150/65 tier ($94.99, with two-year agreement), as well as 75/35 ($84.99) and 50/25 ($74.99).
Subscribers who don't want to sign two-year deals can obtain a higher speed service for an additional $5 a month.
Two current lower speed tiers will also be offered under the new scheme: 15/5 ($64.99, with two-year agreement) and 3/1 ($54.99). The 15/5 rate is a $10 increase over what's currently charged for that service level. The 3/1 plan is currently offered only to Verizon DSL customers who upgrade to Verizon broadband, and it's expected that will continue under the new pricing regime.
In addition, if you don't use Verizon for your phone service, you'll pay an additional $5 a month "surcharge" when you upgrade to one of the faster tiers.
But wait! There's more. If you want to take advantage of the highest tiers -- 150/65 and 300/65 -- you may need an equipment upgrade that'll cost you $100 and require a two to four hour service call. That fee is waived, however, if you're a new customer, sign a two-year agreement, or are already using a 150Mbps tier.
What turned into a joyous announcement suddenly has me depressed....