Hello and welcome to our comprehensive guide on the Fios price increase. In this article, we will explore the recent changes to Fios prices and discuss how this will affect you as a consumer. We will also provide you with answers to frequently asked questions and give you some tips on how to save money on your cable and internet services. So, let’s get started!
What is Fios?
Fios is a fiber-optic cable and internet provider that offers high-speed internet, television, and phone services. It is owned by Verizon Communications and has been operating since 2005. Fios is available in select areas across the United States and is known for its reliable and fast internet speeds.
How does Fios work?
Fios uses fiber-optic technology to deliver internet, TV, and phone services directly to your home. Fiber-optic cables are made up of thin strands of glass or plastic that transmit data using light. This technology allows for faster and more reliable internet speeds compared to traditional cable and DSL connections. Fios also offers a range of TV packages with hundreds of channels, including sports, movies, and on-demand options.
In addition, Fios provides phone service with unlimited nationwide calling and advanced calling features such as caller ID and call waiting. All of these services can be bundled together for a discounted rate, making it a popular choice for households looking for a one-stop-shop for their cable and internet needs.
Recent Fios Price Increase
Recently, Fios announced that it would be increasing its prices for its internet and TV packages. This price increase affects both new and existing customers and will vary depending on the package and location. The company cited rising costs of programming and infrastructure as the reason for the increase.
How much has Fios increased their prices?
The exact amount of the price increase varies depending on the package and location, but on average, Fios has increased its prices by about $10 per month. For example, the Fios Gigabit Connection package, which provides speeds up to 940/880 Mbps, went up from $79.99 per month to $89.99 per month.
The Fios TV Custom package, which includes over 200 channels, went up from $64.99 per month to $69.99 per month. Some of the smaller packages, such as Fios Internet 100/100 and Fios TV Local, have not increased in price.
Why did Fios increase their prices?
Fios stated that the price increase was necessary due to rising costs of programming and infrastructure. The company has to pay fees to content providers to carry their channels, and these costs have been increasing over the years. Additionally, Fios is constantly upgrading its network and infrastructure to provide faster and more reliable service to its customers, which also comes at a cost.
How will this affect Fios customers?
The price increase will affect both new and existing Fios customers. New customers will have to pay the new prices for their packages, while existing customers will see their bills go up starting with their next billing cycle. Some customers may choose to switch to a different provider in response to the price increase, while others may choose to downgrade their packages to save money.
How to Save Money on Fios
If you’re a Fios customer and are looking to save money on your bill, there are a few things you can do:
1. Bundle your services
Fios offers discounted rates for customers who bundle their internet, TV, and phone services together. If you’re not currently bundling your services, you may be able to save money by doing so.
2. Downgrade your package
If you’re not using all of the channels or features included in your current package, consider downgrading to a smaller, cheaper package. Fios offers a range of packages to choose from, so you can find one that fits your needs and budget.
3. Negotiate with Fios
It’s worth calling Fios and asking if they can offer you a better deal on your package. Many companies are willing to negotiate with customers in order to keep their business, so it’s worth a shot.
FAQs
1. Will my bill go up immediately?
If you’re an existing Fios customer, your bill will go up starting with your next billing cycle.
2. Can I cancel my Fios service without a penalty?
If you’re under contract with Fios, canceling your service may result in a penalty fee. However, if you’re not under contract, you can cancel your service at any time without a penalty.
3. Will I still be able to get the same channels/packages?
Yes, the price increase does not affect the channels and packages offered by Fios. You will still be able to get the same channels and packages you had before.
4. Can I switch to a different provider?
Yes, if you’re not happy with the price increase, you can switch to a different provider. However, make sure to compare prices and packages before making a decision.
5. Will Fios offer any discounts or promotions?
It’s possible that Fios will offer discounts or promotions in response to the price increase. Keep an eye out for any new deals or offers that may be available.
Conclusion
In conclusion, the recent Fios price increase may be a cause for concern for some customers. However, there are ways to save money on your bill, such as bundling your services, downgrading your package, or negotiating with Fios. We hope that this guide has provided you with the information you need to understand the price increase and make an informed decision about your cable and internet services.
| Package | Old Price | New Price |
|---|---|---|
| Fios Gigabit Connection | $79.99/month | $89.99/month |
| Fios TV Custom | $64.99/month | $69.99/month |