Verizon Fios Launches 5 Gbps Plan at $105 per Month in Select Areas

Verizon Fios introduced a 5Gbps internet plan available for $105 per month in select locations. The plan exceeds twice the speed of the company's previous 2Gbps flagship offering. New customers switching from another provider can obtain the plan for $90 per month over five years.

Verizon is providing those customers a five-year price lock at the promotional rate and extending a three-year price lock at the standard rate to existing customers who upgrade. Verizon stated that the speeds enable downloading a 100GB game patch in 2.7 minutes and support simultaneous operation of VR headsets, home security cameras, work video calls, and smart appliances.

The plan costs less than Google Fiber's $150 8 Gbps service but is slower than that provider's top tier and priced similarly to its $100 3 Gbps option.

For comparison, AT&T charges $135 per month for its 5Gbps service or $95 per month for the first 12 months for new customers, while Ziply offers a 50Gbps plan at $900 per month.