With the news that Verizon is introducing 2-Gbps symmetrical fixed network access in New York for about $120 (using autopay), along with Comcast’s similar moves to 3 Gbps, we see continued improvement in home broadband in the U.S. market, and a continual movement towards 10 Gbps service.
Comcast prices its 3-Gbps service--available nationally--at about $300 a month, making it a service mostly appealing to business users. The service also has a $1,000 install fee.
The Verizon 2-Gbps service clearly is aimed more squarely at the top end of the consumer market, while also having appeal for business users.
At the same time, the increasing speeds also are accompanied by lower prices.
According to a new study, U.S. home broadband prices have fallen since 2016, says Broadband Now.
Broadband Now says that the average price for internet in each speed bucket starting in the first quarter of 2016 compared to the fourth quarter of 2021 has fallen:
The average price decreased by $8.80 or 14% for 25 – 99 Mbps.
The average price decreased by $32.35 or 33% for 100 – 199 Mbps.
The average price decreased by $34.39 or 35% for 200 – 499 Mbps.
The average price decreased by $59.22 or 42% for 500+ Mbps.
U.S. home broadband prices have fallen since 2016, according to a study by Broadband Now.
Broadband Now says that the average price for internet in each speed bucket starting in the first quarter of 2016 compared to the fourth quarter of 2021 has fallen:
The average price decreased by $8.80 or 14% for 25 – 99 Mbps.
The average price decreased by $32.35 or 33% for 100 – 199 Mbps.
The average price decreased by $34.39 or 35% for 200 – 499 Mbps.
The average price decreased by $59.22 or 42% for 500+ Mbps.
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