Before you get too excited about the idea of 300 Mbps download speeds in your home from Verizon, you may want to make sure you’re eligible to take out a loan.
Late last week Verizon announced it was launching several new tiers of FiOS service. Among those new services was the drool worthy 300 down/65 up tier. What was missing from that announcement, however, was any sort of clue as to how much this service was going to cost you.
As you can see above, it isn’t cheap.
An anonymous tipster sent the image above to The Verge, and it shows that in the best case scenario, the top tier will set you back $204.99 a month. You can only get that price if you make a 2-year agreement with the company, if you opt to go the monthly route it will cost you $209.99, and if you don’t subscribe to the phone service, that will tack on another $5.00 with or without the agreement.
The pricing for these plans are all over the map, and honestly don’t make a whole lot of sense. For instance, 15/5 will set you back $64.99, but you can jump to 75/35 for only $20 more a month. The 150/65 will cost you $94.99, but the price more than doubles if you want to double the download speed. We’re not quite how Verizon does math, but it doesn’t make a lot of sense.
While the 300/65 tier still fills our heart with lust, it’s going to be fairly difficult for anyone to rationalize spending anywhere from $2,459.88 to $2,639.88 a year to get it.
[via The Verge]