Verizon lets FiOS customers sign up month-to-month

Jun 21, 2010 BY JOEL SCHECTMAN , AP Business Writer

(AP) -- Verizon Communications Inc. is offering its FiOS television and broadband Internet package to new customers without a long-term contract.

The company said it wants to be more competitive with cable TV companies, which typically sell services on a month-to-month basis and had mocked Verizon's contract requirements in ads. Contracts are more common with cell phone services.

"Our competitors focused on fear in their promos instead of the merit of the product," said Bob Elek, spokesman for Verizon. "For some customers the length of the contract was a major barrier but now they won't have to worry about that."

FiOS is still small compared with cable. Verizon has about 3 million television customers, compared with nearly 62 million that cable TV providers collectively have. FiOS is currently available in 13 states, and the company is aggressively trying to cut into the cable business where it offers FiOS service.

Verizon had previously charged $20 more per month for the no-contract service. Now, new FiOS customers will be able to get contract-free service at the regular price of $99 per month, plus taxes and fees. Existing customers, however, will still be subject to the contracts - and to termination fees for ending the service early.

Verizon is offering a two-year price guarantee for new customers who sign contracts anyway, with 30 days to cancel without penalties. For month-to-month customers, the price will be locked for only the first year.

Explore further: Putting net neutrality in context

not rated yet
add to favorites email to friend print save as pdf

Related Stories

AT&T to raise fees for iPhone contract breakers

May 21, 2010

(AP) -- AT&T Inc. is raising the fees it charges buyers of the iPhone and other smart phones if they break their two-year contracts, while lowering them for "dumb" phones to better align the fees with their real costs.

Ad watchdog: Cablevision Internet not 'fastest'

Mar 27, 2009

(AP) -- Cablevision Systems Corp. should stop saying its Internet service is "the fastest around," the advertising industry's self-regulatory body said Thursday, in response to complaints from competitor Verizon Communications ...

FCC asks Verizon Wireless to explain fees

Dec 04, 2009

(AP) -- The Federal Communications Commission on Friday asked Verizon Wireless why it recently doubled the fees it charges customers when they break their contracts on "smart" phones.

Recommended for you

Putting net neutrality in context

Feb 27, 2015

After much litigation, public demonstration and deliberation, the US Federal Communications Commission (FCC) voted 3 to 2 to adopt open internet rules. While the substantive details of the decision are not yet known, the rules ...

Key facts on US 'open Internet' regulation

Feb 26, 2015

A landmark ruling by the US Federal Communications Commission seeks to enshrine the notion of an "open Internet," or "net neutrality." Here are key points:

FCC allows city-owned Internet providers to expand

Feb 26, 2015

(AP)—People in small communities may get better, cheaper access to the Internet after the Federal Communications Commission ruled Thursday that city-owned broadband services can expand into areas overlooked by commercial ...

Regulators move to toughen Internet provider rules

Feb 26, 2015

(AP)—Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile would have to act in the "public interest" when providing a mobile connection to your home or phone, under new rules being ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.