Verizon’s $70 gigabit Internet is half the price of older 750Mbps tier

Enlarge / Verizon FiOS's new top speed and starting price for bundles. (credit: Verizon)

Verizon is now selling what it calls "FiOS Gigabit Connection" for $69.99 a month in a change that boosts top broadband speeds and makes lower prices available to many Internet subscribers.

Actual bandwidth will be a bit lower than a gigabit per second, with "downloads as fast as 940Mbps and uploads as fast as 880Mbps," Verizon's announcement today said. The gigabit service is available in most of Verizon's FiOS territory, specifically to "over 8 million homes in parts of the New York, New Jersey, Philadelphia, Richmond, Va., Hampton Roads, Va., Boston, Providence and Washington, D.C. areas," Verizon said.

Verizon's FiOS territory includes more than 14 million homes, of which about 5.7 million subscribe to Verizon's fiber Internet service. Verizon provided this link for checking gigabit availability.

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