Wednesday, September 5, 2007

Verizon Offers 'Lifetime' DSL Price Plan

Verizon Communications is trying to drive up digital subscriber line subscriptions with a limited-time offer that gives customers who sign up for a two-year contract the same monthly fee for as long as they continue to subscribe to Verizon Internet service. Verizon president Denny Strigl acknowledged on a conference call with Wall Street analysts that the telephone company’s DSL additions were “lighter” than expected for the second quarter. Under the “lifetime” price plan, which Verizon is offering until Oct. 31, customers who sign up online for the 768 kilobit-per-second service are guaranteed a lifetime price of $14.99 per month. Customers opting for the 3 megabit-per-second service are guaranteed a lifetime price of $27.99.

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