Verizon raises rates
November 23, 2007
Verizon Communications plans to raise the price of its FiOS television service for new customers next year by nearly 12 per cent. The monthly price for FiOS TV will increase to $47.99 (E32) from $42.99, but current customers who signed up this year will not have to pay more.
The price changes will affect all customers throughout the 16 states where FiOS is available. The hike affects only customers who have signed up for standalone TV service – there is a complicated set of bundle options for consumers seeking multiple services.
There had been speculation there could be a pay-TV price war between cable and IPTV providers.
Other posts by :
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute
- Eutelsat shareholders upset over Rights Issue
- Amazon Leo satellites en route to French Guiana
- Deutsche Bank reveals targets for AST SpaceMobile
