Verizon Raises Prices On Faster FiOs Quantum Web Service
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Verizon Communications Inc., the second-largest U.S. phone company, introduced an Internet service called FiOS Quantum that doubles its broadband speed while increasing prices.
Verizon, seeking an edge against cable providers, is emphasizing faster connections as part of new FiOS bundles of Internet, television and phone service. The offerings are aimed at users with multiple Internet devices and bandwidth-hogging applications, who may pay more for speed.