Verizon Wireless is ready to capitalize on all that work its been doing building out a large LTE network with the release on its new HomeFusion LTE service. The intention here is to move away from DSL, and to also broaden its home Internet service footprint after deciding to not expand FiOS areas any further. If you're in a Verizon LTE area, you can join HomeFusion now, but it won't be cheap. Plans start at $60 per month for 10 GB of data, and go up to $120 per month for 30 GB. Any overages will result in a charge of $10 per GB.
Verizon has indicated that it plans a residential LTE broadband service that could roll out in the fourth quarter, a fixed antenna that would challenge AT&T, Comcast and others for a home broadband connection.
Verizon also reiterated that it plans to concentrate its FiOS investments in areas it already serves.
Verizon executives said that a national rollout of a fixed broadband LTE voice and data package could be based on the "cantenna," a fixed antenna that it has already deployed with DirecTV, according to comments made by Francis J. Shammo, Verizon's chief financial officer, during Verizon's earnings call last Friday.
While Verizon executives did not state that the company was winding down its residential fiber optic (FiOS) service, executives gave several hints that geographic expansion was not in the cards. Verizon already serves 16.27 million premises in its 12-state wireline service territory, representatives said via email, mostly on the East Coast. But Verizon also began indicating in 2010 that it was going to focus its FiOS investments on the markets it already serves, last year.