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Verizon Communications Inc., the second-largest U.S. phone company, is reducing prices on its packages of Internet, phone and television service nationwide to stay the flight of subscribers to cable companies.
Customers will have a choice of the triple-play bundles at $79.99 to $119.99 a month, down from a low of $95 previously, spokesman Bill Kula said. Verizon is also introducing pared-down bundles of voice and Internet or TV at lower prices.
The cuts may make Verizon more attractive than cable competitors, such as Time Warner Cable Inc., which offers its triple-play packages for as low as $89.85 a month for the first year of a three-year contract. Customers have been leaving phone companies to take advantage of discounts from cable providers.
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Verizon Communications Inc., the second-largest U.S. phone company, is reducing prices on its packages of Internet, phone and television service nationwide to stay the flight of subscribers to cable companies.
Customers will have a choice of the triple-play bundles at $79.99 to $119.99 a month, down from a low of $95 previously, spokesman Bill Kula said. Verizon is also introducing pared-down bundles of voice and Internet or TV at lower prices.
The cuts may make Verizon more attractive than cable competitors, such as Time Warner Cable Inc., which offers its triple-play packages for as low as $89.85 a month for the first year of a three-year contract. Customers have been leaving phone companies to take advantage of discounts from cable providers.
Full Story