Verizon Offers Discounted Internet With Extra Perks to Its Mobile Customers
Verizon, along with LTE and FIOS wired fiber Internet, slowly grew its 5G home wireless Internet user base and offered discounts when signing up for Internet and Select Mobile Plans. Now it expands that discount to anyone who signs up for a monthly subscription to a mobile plan: $15 per month bill discount when adding the internet to a mobile service, and PERK for the entertainment subscription plan.
With the most affordable home internet plan, mobile subscribers (excluding prepaid) get $35 for internet.
Vector Restart its unlimited mobile plan In the June 2023 Myplan product, Rename its home internet product As MyHome planned last June. Both plans are OK Choose the extra benefitlike a digital subscription to Netflix and HBO, add to your plan for $10 per person, saving half or more of the price.
Today’s announcement bridges these two products. Frank Boulben, chief revenue officer of Verizon Consumer Group, said the discounts and additional allowances will bring the carrier plan to provide the next phase of the money-saving merger.
“You can describe it as a fusion of Verizon’s approach. It’s simple, you have a lot of value for unique money,” Boulben said. He noted that the privileges are based on an exclusive partnership with Verizon.
While the discount applies to any home internet product, subscribers with a premium home internet plan can choose from Verizon’s additional discount credit, which is a $10 monthly savings. You can choose a free PERK option every month. Mobile and home internet customers also have access to advanced customer service, which speeds up support response.
Verizon, like other operators, offers incentives such as mobile plans that trade discounts to compete with competitors. However, this internet discount is not similar to attracting competitor subscribers. Instead, it is to increase the number of customers with its mobile and internet services, Boulben said. There is a cross between mobile customers and registrations for 5G home fixed wireless access to the Internet, especially Verizon.
“If I look at our fixed wireless access space, it’s probably 75% to 80% of the existing mobile subscribers. So that’s a large part of the cross-selling of fixed wireless,” Boulben said. “When we sell fixed wireless access independently, these customers then move.”
This is also part of Verizon’s efforts to understand fixed wireless access, Boulben said, as awareness is lower than traditional wired internet solutions, such as Verizon’s Fios Fiber (which has been around for 20 years). Customers may confuse fixed wireless access, which runs on the carrier’s 5G network, and mobile services for smartphones and handheld devices.
“The 5G Home (customers) may mistakenly think it’s a mobile hotspot, so I think the fact that we need to keep going and communicate is that it’s a complete replacement for your home internet connection,” Boulben said.
As of October last year, Verizon has used 4.6 million fixed wireless access Internet subscribers in conjunction with the wired fiber internet. 2024 fourth quarter earnings report. These are the future of the company, and despite growth leaning towards wireless, the company added 373,000 net customers in the quarter, while another 51,000 net customers for fiber increased. Boulben pointed out that wired internet is an area where subscribers are continuously lost over several quarters.
Verizon’s fiber internet footprint covers 18 million households, mainly centered on the Northeastern United States. The operator plans to expand its FIOS offering to 650,000 households in 2025 and add one million dollars per year. Its fixed wireless access availability is wider, covering 60 million locations.
