CEO envisions Verizon 4G as home internet option

General

Verizon CEO Ivan Seidenberg is likely none too pleased with the team responsible for writing a presentation he gave at a recent investor conference. In it, Seidenberg stated that his company’s LTE service could become a “modest substitute” for traditional cable or home Internet access. The press and blogs subsequently erupted, and rightfully so — at $50 for 5GB per month or $80 for 10GB per month (plus $10 per GB for overages on either plan), Verizon’s “4G” would be an extremely pricey cable Internet alternative. It would also provide service that is a fraction of the speed of current home Internet solutions. Cable Internet subscribers in many regions pay $30-$40 each month for download speeds in excess of 20-30Mbps and no finite caps on usage. In preliminary tests, Verizon’s LTE service achieved download speeds of less than 10Mbps with no load whatsoever on the network.

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56 Comments
  • Timmurphy6

    First off the data speeds for LTE would be 5-12 Mbps. My comcast internet at home costs about 40$ and is only 4 Mbps, they advised me that for 10$ more I could get 6 Mps. You do have a point regarding that amount of data that you are allowed in a month, but it is not unlimited. I have 250 gigs in a month which i come no where near.

  • http://www.facebook.com/jonmorales Jon Morales

    Not with a 5 gig cap! That’s worthless for Netflix streaming.

  • http://pulse.yahoo.com/_IVFCATSFPLYDSNYNZY7K2QBZKU Matthew

    i dont think its a big deal to pay $50 a month for high speed internet i think they should remove the cap of 5GB because yes that would be fine if you were just browsing the web but people do more than that these days they stream netflix, hulu, and other things, the telecom and cable providers are so greedy with there products they have two mobile data plans, $30 for unlimited data, which i did have and changed to $15 a month for 150mb, can you believe that 150mbs come on is this like 1990, 150mbs is nothing

  • Cam

    i concur with most users only way wimax or lte or watever air modems will work is if they dont have data caps…i mean wtf , if its an infrastrure thing dont release it cause you dont have the tools

  • Bs_thinker

    Yes Paying Verizon more money is a viable alternative to affordable internet. Thanks!

  • Go LTE

    Some of you bandwidth hogs are missing the point. Not everyone uses a home internet connection to stream Netflix, Hulu, etc. I’d bet that the majority of cable modem and DSL home connections out there are way underutilizing their available bandwidth. Consider the many, many subscribers that mainly use the internet for Facebook, email, downloading music, connecting to their corporate network, etc. 20 or 30 Mbs (one poster said 100Mbs, are you running a freaking data center out of your house?) is WAY overkill for these activities. For instance, if you only have one laptop in your house and mostly use the services I mentioned above, why would you need to have a mobile AND fixed home data plan. One, fast mobile plan would suffice. BTW – current LTE real-world specs are 8-12 Mbs down and 5-8 Mbs up with only a 30 millisecond latency (the time it takes to get from point to point rather than the volume of data). And these specs will rise over time as LTE is improved and optimized. These specs are actually better for some applications than cable internet, which has a much higher latency and paltry upload speeds. Because of this, LTE will be great for any two-way application such as video conferencing and gaming.

  • DeathStarKiller

    this guy looks like a mentally disabled bird. no one cares, verizon. u are terrible

  • goliar

    I don’t know where you guy live but here in Slovakia (not sure if you know where this is…) we have something like this for fixed line (FTTH):
    Start package
    down 20 Mbit/s up 2 Mbit/s price from: 13,90 € (18USD)
    Klasik package
    down 40 Mbit/s up 4 Mbit/s price from: 23,90 € (32USD)
    Premium package
    down 70 Mbit/s up 7 Mbit/s price from: 39,90 € (53USD)

    For mobile 3G/UMTS I pay 20EUR/26USD for downspeed around 4mbps.

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