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Will the proposed Verizon buyout impact your business?
There’s a lot we don’t know yet about Verizon’s $20 billion deal to buy Frontier, but it could mean a higher bill for your business internet services in a few years.
We don’t know yet if the deal will pass regulatory muster or if Frontier shareholders will agree to it, for example. And we don’t know how Verizon’s LTE or 5G business customers in Frontier areas will be impacted by Verizon frontier availability.
If all goes as planned, though, Verizon could take over within about 18 months and will take over all Frontier Business products, including mobile, internet, networking, and network security.
Unknowns abound, but we have hints. If you need a plan with just 200Mbps of speed, both companies charge the same rate of $69 per month. The downside with Frontier Business Internet is the price increase of $15 per month after a year, while the downside of Verizon Business Internet is equipment fees and required contracts.
If you need a faster speeds, there’s a bigger difference. Frontier charges $129 per month at the 2 Gig speed level, but Verizon Fios charges a whopping $249 per month (before equipment charges). However, Verizon is our pick for customer service and reliability across the board.
Unknowns and pricing differences aside, it’s hard to argue with Google’s take on Frontier and Verizon when it comes to business internet. Both are a good bet for your business internet needs.