Verizon raises rates for service
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From Times Wire Services
Verizon Communications Inc. plans to raise the subscription price of its advanced video service called FiOS, reflecting the high cost of programming as well as building an all-fiber network.
A Verizon spokesman said the “FiOS Premier” television subscription price would be raised by $5 to $47.99 a month for new subscribers starting in 2008.
The FiOS service includes video, phone and Internet subscriptions and is aimed at competing with similar “triple-play” bundles offered by cable television companies.
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