Qwest Communications (NYSE: Q) is taking on cable in the high-speed Internet space by drastically dropping rates on its new "Heavy Duty" DSL Internet packages, with pricing available as low as $14.99 a month for speed tiers ranging from 1.5 to 40 Mbps.
The catch? The introductory pricing is only available for the first six months of a service subscription. After that, the cost of the lowest tier (1.5 Mbps) doubles to $30 per month, Multichannel News reports.
As an aside, Qwest will release its second quarter earnings results on Aug. 4.
For more:
- Multichannel News has this story
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