Verizon Doubles FiOS Broadband Speeds in Race With Cable

Lock
This article is for subscribers only.

Verizon Communications Inc., the second-largest U.S. phone company, doubled the speed of its most expensive FiOS broadband Internet service, seeking an edge against cable providers.

Verizon will begin offering five speeds of service next month, topping out at 300 megabits per second, according to a statementBloomberg Terminal today. Pricing will be announced in June, the New York-based company said.