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Verizon: Expect FiOS Rate Hikes This Year
As Company Keeps Pace With Cable Rate Hike Season Festivities
by Karl Bode Monday 30-Jan-2012 tags: prices · business · bandwidth · consumers · Verizon FiOS
With Verizon's FiOS build out largely suspended, the company is looking to ramp up subscriber totals in markets where FiOS already exists. On the TV front they're primarily trying to do that by trying to be a little more innovative in the DVR and set top space with widgets and GUI enhancements. Like any good cable company, Verizon is terrified of having to compete on price, though they have been aggressive in competitive markets (oh hi, Cablevision) with bundle pricing. Speaking to hike-loving investors and stock jocks, Verizon's CFO assured them FiOS users should expect price hikes this year:

Verizon Communications will probably hike prices for some FiOS services this year, even as the telco looks to continue to drive up penetration of its fiber-optic video, data and voice services, chief financial officer Fran Shammo said on an earnings call with analysts. "I know folks are saying that we are overly competitive in pricing [on FiOS]. But what I would say is that the pricing has not actually changed," Shammo said on the call Tuesday. "And if anything, if you look at it, there was a price increase in 2011, and there will probably be some more price increases in 2012 as we go here."

Of course when Verizon and AT&T got into the market they promised lawmakers that if they greased their entry and re-wrote laws to their benefit (some of them incredibly awful), the end result would be lower cable TV prices, and we can all see how that turned out. Meanwhile, consumer advocates and competitors are worried Verizon Wireless's new deal with the cable industry includes a quiet non-compete agreement that would freeze added FiOS deployment and jack up prices for consumers.

That's something Verizon's CFO denies, insisting Verizon will continue to "compete vigorously" in the TV market. Granted in the TV business "compete vigorously" means non-price competition, with providers winking at one another whenever it's time to raise rates in unison.

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old_wiz_60

join:2005-06-03
Bedford, MA

Verizon...

I've bee on it for several years. Another rate hike will cause me to drop packages and consider giving up the landline and TV and just go internet only.

You don't encourage people to get/keep your service by simply raising the rates.

VZLIES

@optonline.net

Re: Verizon...

Another Verizon "Full of shit moment!!!" Lowell McAdam and the rest of his TOOL cronnies are going to ruin Verizon

HarleyYac
Yaco
Premium
join:2001-10-13
Allendale, NJ
kudos:1
Reviews:
·Optimum Online
·Verizon FiOS
Agreed ... drop packages, I also use cable card and use extender to Kids playroom. no more box. They don't watch much TV anyway.
I picked up a HD box for my daughter and if she watches TV in her room twice a month, its a lot.
--
My opinion on religion and science? Science builds airplanes. Religion flies them into buildings.
tmc8080

join:2004-04-24
Brooklyn, NY
Reviews:
·Optimum Online
·Verizon FiOS

no internet speed bump this year? Pfft!

the handwriting was on the wall already Verizon is jacking up bills with new and/or increasing below the rate line fees for both Digital Voice AND Cable-Tv portions of the triple play bills.

the good deal I got in 2010 got me as a 25/25, DV/VOIP, CATV triple play (under $100) subscriber but as prices go over $100 for triple play I'll say goodbye triple play and MAYBE hello DUAL PLAY. I'm curious how many consumers dropped major carriers altogether and went 3rd party VOIP service. Which one did you choose? What I KNOW is the price of everything is going up and my pay rate is flat!

I'll let you know when I switch back and why when the time comes! How much can YOU afford for triple play? $100 is MY limit!

45612019

join:2004-02-05
New York, NY

Re: no internet speed bump this year? Pfft!

There has been a speed bump.

In December Verizon made the 150/65 Mbps package bundle-able. This brought it down from being a ridiculous $200 a month standalone service to a $30 add-on to a bundle.
flashcore

join:2007-01-23
united state

Re: no internet speed bump this year? Pfft!

And that is all well and good for those of you in NY/NJ but its a big FU to the rest of us who are stuck with it as a standalone service with no hint of it ever showing up in other areas.
pappy97

join:2007-03-12
Dallas, TX

Re: no internet speed bump this year? Pfft!

said by flashcore:

And that is all well and good for those of you in NY/NJ but its a big FU to the rest of us who are stuck with it as a standalone service with no hint of it ever showing up in other areas.

At least you live in a FIOS area that offers that 150/65 internet. The real "rest of us" live in an area where FIOS is still BPON and no plans to upgrade to GPON, and thus we can't even get 150/65 internet.

aaronwt
Premium
join:2004-11-07
Woodbridge, VA
Reviews:
·Verizon FiOS

I'm glad I just renewed my bundle...

I got Ultimate HD, 35/35 Internet, and digital voice for $119.99 plus a $300 VISA gift card coming.(at least I hope it still comes)
So I should be good with my prices for a couple of years.

Of course if it's like in the past, they can start adding more HD channels and create another tier. Making me change my bundle if there are some channels in it I really want.(which would probably be the case)

Greg2600

join:2008-05-20
Belleville, NJ

Re: I'm glad I just renewed my bundle...

said by aaronwt:

I got Ultimate HD, 35/35 Internet, and digital voice for $119.99 plus a $300 VISA gift card coming.(at least I hope it still comes)
So I should be good with my prices for a couple of years.

Of course if it's like in the past, they can start adding more HD channels and create another tier. Making me change my bundle if there are some channels in it I really want.(which would probably be the case)

Yep, that's been their history.

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4
said by aaronwt:

plus a $300 VISA gift card coming.(at least I hope it still comes)

Good luck with that!
ask all those that never got their free tv set!
guppy_fish
Premium
join:2003-12-09
Lakeland, FL
kudos:1

Take it from the NYC Market

Hey Verizon, if you stop giving away the service in NYC, the rest of use won't have to have our bill jacked up to keep subsidizing their service
McBane

join:2008-08-22
Plano, TX

Re: Take it from the NYC Market

I hear THAT!

NJxxxJon
DSLR'er from the 56k days.
Premium
join:2005-10-22
00000

If...

The price can only go up if....if....they stop messing up our BOX (non HD basic) and closing early when I need to fix an issue with a Q-CODE. lol. (used an online chat on sunday because our f**king box stopped working)

mod_wastrel
Gone fishin'

join:2008-03-28

When they say "compete vigorously",

they're talking about marketing.

45612019

join:2004-02-05
New York, NY

They have the nerve to raise rates without adding new HD?!

Verizon's HD channels have been stagnant for years now. They ran out of QAM space and have all but given up adding new HD channels. They are lacking important HD channels that every other provider carries like Cartoon Network or BBC America.

When you subtract the six worthless infomercial ".TV" networks (which not one other provider carries, and for good reason), as well as the dozen pointless "West" feeds of the premium channels Verizon carries on their east coast systems (and vice-versa), which is also something other providers don't do... we find that Verizon's FiOS TV HD channel lineup is utterly pathetic - behind Dish Network, AT&T, the majority of the cable companies, and barely more than DirecTV.

At least Time Warner Cable with their 4% rate hikes last year rolled out tons of HD channels throughout their markets. In NYC Time Warner carries over 60 more HD channels than Verizon. This "state of the art" fiber optics service isn't feeling so state of the art anymore with copper kicking its ass like this. It's become apparent that Verizon no longer cares about its FiOS customers.
tim tim tim

join:2010-08-14
Lutz, FL
kudos:2
Reviews:
·Bright House

Re: They have the nerve to raise rates without adding new HD?!

said by 45612019:

Verizon's HD channels have been stagnant for years now. They ran out of QAM space and have all but given up adding new HD channels. They are lacking important HD channels that every other provider carries like Cartoon Network or BBC America.

When you subtract the six worthless infomercial ".TV" networks (which not one other provider carries, and for good reason), as well as the dozen pointless "West" feeds of the premium channels Verizon carries on their east coast systems (and vice-versa), which is also something other providers don't do... we find that Verizon's FiOS TV HD channel lineup is utterly pathetic - behind Dish Network, AT&T, the majority of the cable companies, and barely more than DirecTV.

At least Time Warner Cable with their 4% rate hikes last year rolled out tons of HD channels throughout their markets. In NYC Time Warner carries over 60 more HD channels than Verizon. This "state of the art" fiber optics service isn't feeling so state of the art anymore with copper kicking its ass like this. It's become apparent that Verizon no longer cares about its FiOS customers.

Just figured I would re-post this for truth
NWOhio

join:2011-10-25
Toledo, OH
most of those infomercials and shopping networks PAY the operators to be carried- especially ShopNBC, and HSN/QVC

45612019

join:2004-02-05
New York, NY

Re: They have the nerve to raise rates without adding new HD?!

Verizon is actually paying Byron Allen to carry his crap .TV channels. That's how ridiculous this is.

I have yet to encounter a single FiOS customer that doesn't despise them.
CrobertGauth

join:2007-12-15
Glen Burnie, MD

Have to expect it.

Given all the negotiations lately with channels over pricing, you know the content providers have been asking for more money. Only a matter of time before prices have to go up.
And it won't be just Verizon. I am sure all of the providers will go up in some way.
Try and lock that price in now.
cybercrime

join:2011-11-23
Honey Brook, PA

i been waiting for fiostv

i've been waiting for fiostv for over 3 years and still dont see it coming.but i do have their fios internet phone cell service why the wait for their tv service?

keyboards

join:2001-02-14
Doylestown, PA

Re: i been waiting for fiostv

said by cybercrime:

i've been waiting for fiostv for over 3 years and still dont see it coming.but i do have their fios internet phone cell service why the wait for their tv service?

Probably because they have not worked out an agreement with your local municipality for TV carriage (the local municipality gets a cut [fee] just like the incumbents have to pay) - it's the line item called FRANCHISE FEE on the cable company bill.
--
REMEMBER: Stupidity should be painful !!

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