For many people living rural or remote areas, access to high-speed broadband service has been slow in coming. It’s a dial-up world, or one in which a satellite-service hookup is the only workaround.
Verizon Wireless (NYSE:VZ) is taking aim at this remote-location market with the rollout this week of HomeFusion, which requires the purchase of a large, bucket-shaped antenna (roughly five-gallons in size) for $200 (installation included) and a $60 monthly commitment for 10 gigabytes of data, or about 10 hours of HD video streaming. Subscribers can upgrade their plan, the Associated Press notes, to 20GB of data for $90 a month and 30GB for $120 a month.
One compelling aspect of HomeFusion, as it’s presented by Verizon, is that it offers the same, rapid data-loading speeds that prevail on Verizon’s LTE wireless network — 5 to 12 megabits per second for downloads, and 2 to 5 megabits for uploads. LTE users, the AP adds, frequently report much higher speeds, ranging up to 70 megabits per second for downloads.