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Verizon Fast InternetJuly 22, 2013 - Press Release

Summer Just Got Hotter: Verizon Rolls Out New, Blistering 500/100 Mbps FiOS Quantum Internet Service

Fastest Internet Speeds Available to Small Businesses, Consumers in FiOS Markets 
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NEW YORK – Small businesses and consumers driving the Internet economy now have a higher gear. Verizon has begun deploying a new top-tier FiOS Quantum Internet service, featuring speeds of 500 megabits per second download and 100 Mbps upload – the fastest broadband speed available in markets where Verizon offers its all-fiber-optic services.

With the new service, large files move with the ease and fluidity of an email:

  • A 2 megabyte architectural blueprint takes a fraction of a second (0.03 seconds, to be exact) to download and 0.16 seconds to upload.
  • A five-minute, 250 megabyte HD promotional video takes four seconds to download and 20 seconds to upload.
  • A two-hour, 5 gigabyte HD movie will be on your PC or tablet in 1.4 minutes or be sent in under seven minutes at the upload speed of 100 Mbps. 

[NOTE: A video, infographic and charts offering fuller representations of specific consumer and small-business benefits of faster downstream and upstream are available here].

“Internet-power users have found a friend in FiOS Quantum Internet,” said Bob Mudge, president of Verizon’s consumer and mass business group.  “Over the past year, one-third of FiOS Internet customers have upgraded to Quantum speeds of 50 Mbps or faster to do more of what they want, whenever they wish, on more devices throughout their home or office.

“Our customers want and get a leg up on online video games. They want to stream movies on myriad devices; share tons of pictures and home videos; and send big work files so they don’t skip a beat when they’re working from home or growing their business. Our all-fiber-optic network lets them do it all at the same time,” Mudge said.

The 500/100 Mbps speed is initially available in parts of every FiOS market, and Verizon will deploy the service throughout the entire FiOS footprint into 2014.  For consumers, the 500/100 Mbps speed is available as part of a bundle or in stand-alone fashion, starting at $309.99 per month for a double play or $329.99 per month for a triple play with a two-year agreement.  For small businesses, the new top speed is only offered on a stand-alone basis, starting at $369.99 per month with a two-year agreement.  The service also is available to consumers and small businesses  on a no-contract, month-to-month basis.

The Internet of Things Requires Bandwidth

The average U.S. household currently owns seven Internet-connected devices,with high adoption rates among leading-edge and early technology adopters, according to Multimedia Research Group Inc.  According to the FCC's third "Measuring Broadband America" report published in February, broadband speeds in American households now average 15.6 Mbps, with 61 percent of home Internet users in the 2-6 Mbps  range.  

Verizon FiOS customers can choose to enjoy the Internet at speeds many times higher than the national average. Customers have the option of six speed tiers from which to choose, starting at 15/5 Mbps, to 300/65 and up to 500/100 Mbps.¹

Customers Rate FiOS Tops

For the eighth consecutive year, Verizon FiOS customers rated their Internet service tops, with FiOS again receiving the PCMag.com annual Reader’s Choice Award. Not only did FiOS Internet earn the highest overall satisfaction rating in the well-regarded magazine’s annual survey of its readership, but it secured the highest ratings in many other key categories, including speed, reliability and satisfaction with tech support.

New residential customers can choose triple-play bundles with Internet starting at 15/5 Mbps FiOS Internet, FiOS TV and FiOS Digital Voice unlimited calling.  A variety of additional bundle options – featuring Internet speeds, channel lineups, Spanish-language programming through La Conexion and more – are geared toward meeting any particular customer’s needs and interests.

Consumers interested in FiOS should visit www.verizon.com/fiosquantum or call 1-800-VERIZON (1-800-837-4966)

Small businesses interested in even faster speeds or the suite of Verizon Solutions for Business Bundles services can visit www.verizon.com/smallbusiness or call 1-877-FiOS-BIZ (1-877-346-7249).  All bundled solutions include Verizon Internet Security Suite, Verizon Online Backup & Sharing, 24/7 support and more. 

1 Speeds not available in all areas.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.  Verizon Wireless operates America’s most reliable wireless network, with more than 100 million retail connections nationwide.  Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500.  A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 180,900.  For more information, visit about.verizon.com.

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Tags: FiOS Quantum, speed and reliability

Media Contacts:

Ellen Yu , 908-559-2818

@ellen_yu

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