Broadband Internet Price War

Posted by doug

September 14, 2008

Verizon Communications Inc., which last quarter became the first company ever to see a drop in DSL subscribers — some of whom went to its faster FiOS service — is now offering customers six months of DSL service free if they sign up for the company’s phone and Internet package. That makes the bundled package $45 a month, vs. $65 prior to the offer. AT&T Inc., meanwhile, is now guaranteeing its current prices, ranging from $20 to $55 a month, for two years.

While the most generous offers are coming from the phone companies, some analysts expect cable companies will also become more aggressive in their own promotions as they compete to retain customers.

Broadband