Business & Tech
Verizon: Internet Will 'Change Forever' On Monday
The company had previously announced it would begin offering Internet service with a maximum download speed of 300 megabits per second this month.
A video uploaded to Verizon's Youtube account Friday promised the Internet will "change forever" Monday but does not specify how, leading to speculation about changes in service for company.
Verizon, which has its wireless headquarters in Basking Ridge, announced last month that their FiOS brand would begin offering a new 300 megabits per second (Mbps) service, which is twice the speed of their current fastest option.
A second video uploaded Friday features FiOS Internet Director John Schommer discussing the forthcoming 300 Mbps option, which will also include a maximum upload speed of 65 Mbps.
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Technology news website The Verge reported the new service will cost $204.99 per month. The 15 Mbps service, which most customers use, will see a $10 per month price increase, according to the report.
When Verizon began offering FiOS Internet in 2004, the fastest speed available was 30 Mbps.
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"No one had an idea how anyone could use that kind of bandwidth," Schommer said in the video.
Schommer said the increase in devices streaming data in the average home warrants higher speed Internet connections.
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