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Verizon ends termination fees for DSL, simplifies plans

Company gets rid of early termination fees for its DSL service and also simplifies its plans to two tiers of service.

Verizon is eliminating early termination fees for its DSL service as the company also simplifies its plans for broadband customers.

The company on Monday announced that it would now offer just two tiers of DSL service: basic and enhanced. The new basic service will offer between 500 kbps and 1.0 Mbps download speed service for $19.99 per month or $14.99 per month if ordered online. The enhanced service will offer download speeds in two ranges--between 1.1 to 3.0 Mbps and 3.1 to 7.0 Mbps; or between 7.1 and 15 Mbps--depending on what speeds are available in a particular area. Enhanced service costs $34.99 per month or $29.99 per month when ordered online.

To get these low broadband prices, customers are required to have a Verizon landline voice plan. For customers who don't want a traditional landline, Verizon offers the basic DSL service for $29.99 and the enhanced service is $44.99. Customers can get a $5 discount per month if they order online.

Verizon has also changed the pricing on its triple play bundles for DSL, DirecTV satellite TV, and landline phone. The prices range between $34.99 for the lowest price basic tier bundle and can go up to as much as $106.99 or more for an enhanced bundle that includes more TV options.

All of these services, except the DirecTV satellite service, are available without a contract. Verizon guarantees the price of the service for a year. What this means for consumers is that they are not locked into a contract for their DSL or voice services.

Verizon already eliminated early termination fees in some markets for its Fios video and broadband service. Fios is Verizon's fiber-to-the-home network that offers very high=speed broadband service and TV directly from Verizon.