Verizon Home Broadband Pricing: New Streaming Deals

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Verizon's new home broadband strategy lures customers with discounts on popular streaming services, maximizing value while battling subscription fatigue.

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Verizon has recently revamped its pricing strategy for home broadband users, introducing enticing offers on popular streaming services. However, it's essential to scrutinize the details to ascertain the true value of these deals.

This latest initiative, named "myhome," mirrors the earlier "myplan" adjustments made for wireless services in August. The goal is to incentivize customers to remain subscribed by providing discounted options on various streaming platforms, cloud storage, and additional services—addressing the common issue of subscription overload.

For those opting for myplan, which is compatible with fios fiber broadband, 5G home, and LTE home wireless broadband, several familiar streaming bundles are available at attractive rates:

  • Netflix and Max bundle with ads for $10 per month (regularly priced at $16.98).

  • The Disney bundle, including Disney+, Hulu, and ESPN+ with ads, also at $10 (instead of $18.99).

  • Walmart+ membership, which features ad-supported Paramount+, available for $10 (down from $12.95).

  • YouTube Premium for $10, a discount from the usual $13.99.

  • A $15 credit for Verizon’s +play entertainment storefront, also priced at $10, allowing payment for many of these services.

  • Unlimited Verizon Cloud storage for $10, normally $13.99.

  • Various tiers of home device support and protection range from $10 to $25.

However, potential customers may encounter some discrepancies in Verizon’s promotional materials. My recent experience while placing an order revealed inconsistencies in the advertised savings for certain offers. For example, the description for the storage option inaccurately listed it as a 2GB plan, which isn't typically advertised by Verizon. Additionally, the home-device support add-on led to a confusing reference to a 100GB mobile hotspot package.

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Verizon has introduced new pricing options for its home broadband services, known as myhome, featuring various attractive bundles.

To maximize savings, customers should carefully evaluate whether annual or family rates provide better value. For example, Walmart+ offers an annual rate of $98, which is more advantageous than the bundled myhome discount. On the other hand, while YouTube Premium’s annual subscription costs $139.99, a family plan at $22.99 per month could yield better savings for families of three or more.

Additionally, Verizon plans to roll out Apple Music Family and Apple One bundles in the near future.

Despite the popularity of fiber options like Fios and the rapid expansion of fixed-wireless services such as Verizon’s 5G Home, the motivation behind integrating the myhome bundles into their broadband offerings remains unclear. The wireless market is considerably more competitive than the home broadband sector, and Verizon is also facing pressure to streamline its complex wireless pricing, which currently includes six different “unlimited” plans.

However, there are indications that Verizon may soon test the loyalty of existing Fios customers with a subtle increase in rates. A Reddit user highlighted that the starting price for Verizon’s 300 Mbps Fios plan is set to rise from $44.99 to $49.99 per month, alongside similar hikes for other plans. This follows a previous increase of $4 that occurred nine months ago. The new pricing structure does include a complimentary router, which was previously a $15 add-on, but many subscribers have opted to purchase their own routers to avoid this fee.

As a current Fios subscriber, I found out about the upcoming price increase through a billing statement, rather than a direct notification. The statement indicated that my Fios plan would see a $6 monthly increase, effective within 30 days, without mentioning the newly included router benefit.

While Verizon's initiative to help subscribers save on content is commendable, the company may find less need for such offerings if it can avoid implementing hidden rate increases.

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