Verizon Sets First FiOS Rate Hike
By Steve Donohue -- Multichannel News, 11/20/2006 1:55:00 PM
Verizon Communications plans to raise the rates for its most widely distributed Verizon FiOS TV programming packages by 7.6% in January.
Beginning Jan. 8, the price for its 200-channel FiOS TV Premiere package will increase from $39.95 to $42.99 monthly for new customers in New York, New Jersey, Texas, Massachusetts, California, Florida and Maryland, Verizon spokesman Cliff Lee said Monday. New customers in Virginia will see the price increase go into effect Jan. 14, he added.
Lee said existing FiOS TV customers will continue to be charged the initial $39.95 monthly price Verizon put in place when it first launched its pay TV service in 2005.
“It’s our way of thanking our customer that initially signed up for us. Most of them are cable converts,” he added.
But existing FiOS TV customers could eventually see the same price increases, Lee said. Unlike its cable competitors, Verizon charges the same rate for its pay TV service nationwide.
Lee said the price increases in the FiOS TV Premier package reflect an “increased value for the service,” including the addition of more than 20 channels to the package.
Verizon is also increasing the prices for its basic-cable and premium-channel packages. Its FiOS TV Local package, which includes local broadcast channels, will increase from $12.95 to $12.99 monthly for new customers in January.
The telephone company is also increasing the rate it charges for premium channels by $1.04 monthly in January. Verizon currently charges $11.95 monthly for a package that includes Starz, Showtime, Encore, The Movie Channel, Flix and Sundance Channel; $14.95 monthly for either HBO or Cinemax; and $24.95 monthly for HBO and Cinemax combined.
Verizon also plans a $3 monthly increase for an adult subscription-video-on-demand product, Lee said.
FiOS TV customers in Virginia received notices about the price increases last week. Customers in remaining FiOS TV states will be notified in early December, Lee said.
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I recently switched to FIOS TV, I'm in NY. I'm disappointed they don't have MSNBC channel or local
programming. Also you need all these boxes to get most
of the channels.
donna g - 3/16/2007 5:16:00 PM EDT -
The price increase has some interesting quirks. When I signed up for FIOSTV in December I was given a promotional price of $39.95 less $5. Now I see the special offers on TV of $94.95 per month for a triple play. Sounds good but – my base price for TV would go up to 42.95, Internet service would go from 39.95 to 49.95 (with a higher speed that I do not need, telephone remains the same. Verizon reps claim that they must take away all discounts, raise rates to the present rates, and raise the speed and rate of the Internet connection in order to get the promotional discount. Instead of saving approximately $37 I am only saving about $22 and my base rates have increased. So I will probably take the discount for the year and switch to Cablevision after a year.
Alan - 3/15/2007 12:31:00 PM EDT -
Obviously none of you have FIOS TV service in your homes. I just made the switch from our Adelphia/Time Warner debacle and I can''t rave enough about FIOS. Having the internet service for a year now the TV is just icing on the cake. Razor sharp picture on ALL channels. 20 plus HD channels including two ESPN channels that TW charges $3.95 a month for. 44 movie channels for under $12 ($7 if you take it for a year). It is absolutely the best TV service I have ever seen. For about $70 a month I get the stuff mentioned plus the HD Media Center DVR, 2 standard boxes that can view the recorded programs from the DVR and the ability to play music and picture files from my networked PC on my HD TV. Eye candy? Perhaps. But there is nothing else like it where I am located and for the price it can''t be beat.
Would I pay a bit more? Heck YES! And for those who say fiber has been around for years, you are kind of right. Fiber has been around in digital TV for awhile. But not fiber to the home. Most have it only to the point where distribution to the neighborhoods happens. From there it is a copper line running across the poles to the box on your house. FIOS is a fiber line from the head end all the way to the box. Not a millimeter of copper is in there until it goes from the box to your TV. It doesn''t get much better and if you ever see it you will know what I mean.
Don''t bag on it if you haven''t experienced it!
Rob James - 12/21/2006 12:10:00 AM EST -
This is just the same old antics set in adverisement and ploys to pull us in as consumers. The fiber Fios is calling new has been in the market for years with digital cable companies, they are just capitalizing on the fact that it's new to them. Yes my internet is faster right now, but that's because of a low customer base right now. I'm told from sources it will not be exclusive to me as Fios has lead me to believe but will be just like the same traffic every where, online, road, ect. The more people the slower it goes. See what I mean by ploy. Well if we want the technology we have to choose.
Kathryn - 12/13/2006 10:43:00 AM EST -
They've been offering tv service for 6 months and less in the NY metro area and already hiking the rates? This is typical Verizon material.. Build their database like crazy with a cheap rate and give you the shaft while your commited into a contract. Their packages will respectively rise $10 each by years end - watch.
PJ Noce - 11/29/2006 5:49:00 PM EST
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