Verizon has announced the launch of a new home internet plan called “Lite” for areas previously not covered by the company’s fiber and 5G services. The new plan offers download speeds of up to 25Mbps, but costs up to $60 per month without discounts.
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Verizon says the Lite plan is ideal for “light” internet use in homes limited to “older, less reliable options like DSL or satellite internet.” Customers who already use Verizon’s mobile services will benefit the most from the deep discounts, saving $15 per month when the service is bundled with a mobile phone plan.
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While Verizon's Lite plan can be extremely affordable if you can take advantage of price drops, it's pretty slow compared to other budget internet plans. For example, T-Mobile costs up to $55 per month for download speeds of up to 415Mbps.
Verizon will throttle your service by up to 10Mbps after you use 150GB of data in a month, while T-Mobile will start throttling internet speeds if customers use more than 1.2TB in a month. Mint Mobile's new prepaid home internet plan also offers download speeds of up to 415Mbps, but will start throttling after you use 1TB and costs up to $50 per month.
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Verizon Lite is available across the US starting today. The company will likely continue to expand its home internet coverage in the coming months as it acquires fiber provider Frontier and antenna internet service Starry.
