Verizon’s fiber race is on

July 20, 2004 | Source: CNET News.com

Verizon Communications plans to debut a 30mbps broadband-over-fiber service called Fios to homes later this summer.

It will offer voice calls, video and broadband in competition with telephone and cable companies, initially in three cites.

A 2mbps to 5mbps Fios connection will cost $35 a month if purchased along with Verizon’s local and long-distance telephone service. A connection of up to 15mbps is available for $45 a month if purchased as part of the same telephone service bundle, or $50 alone.