Yahoo, Verizon Team Up on Internet Service
- From: Monty Solomon <monty@xxxxxxxxxx>
- Date: Sat, 27 Aug 2005 01:45:23 -0400
By GREG SANDOVAL AP Technology Writer
SAN FRANCISCO (AP) -- Verizon Communications Inc. and Yahoo Inc. have
teamed up to launch a cheaper high-speed Internet service designed to
compete against cable operators and dial-up service providers.
For $14.95, subscribers will be able to download Web pages via a
digital subscriber line at speeds of up to 768 kilobits and upload
data at 128 kilobits. The cheaper service, which requires a one-year
contract and has a price hike after 12 months, offers Yahoo premium
services, such as antivirus protection, on-demand music videos and
unlimited photo storage, according to an advertisement on Yahoo's
site.
Sunnyvale-based Yahoo was expected to announce formally the Verizon
launch Tuesday, but an advertisement found on the company's Web site
Monday night detailed the DSL offering. John Reseburg, a Yahoo
representative, confirmed the accuracy of the ad.
When it comes to transmission speed, Verizon is far behind SBC
Communications, which launched a $14.95 DSL service with Yahoo in
June. SBC transmits data at up to 1.5 megabits, twice as fast as
Verizon's.
Verizon will continue to offer faster DSL for higher prices.
According to the ad on Yahoo's site, Verizon customers can pay between
$19.95 and $37.95 to obtain transmission speeds comparable to SBC's.
- http://finance.lycos.com/home/news/story.asp?story=51318042
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