Verizon FiOS cranks up to 50 Mpbs

Cablevision and other local cable providers have taken Verizon to task, and now the telco is ramping up its connection speeds for its FiOS service to 50 Mbps downstream and 5 Mbps upstream. Previously, the high end of FiOS saw speeds of 30 Mbps down and 5 Mbps upstream. The medium tier has been increased to 15 Mbps downstream and 2 Mbps up. While the 30 Mbps service cost $179 a month, rumor has it that the increased service will cost less at $90 a month. Despite the dramatic decrease in price, competitors like Cablevision would still have it beat, since their comparable service runs for a third of the price.

For more on Verizon's FiOS service:
- see this article from GigaOM