Verizon FiOs Custom TV: Will it actually save you money?

So Verizon has decided to jump into the “exploding number of options” of new trimmed down cable packages. With a basic lineup at $54 and additional “genre packs” at $10 each this seems like a  way to shave a few bucks off of your cable bill.  But how much will you really save?

Photo: "Tax Credits" on Flickr

Photo: “Tax Credits” on Flickr

Toward the end of the Washington Post piece we read this :

“With Internet included, the Verizon package will add up to well over $100 a month…

Seriously? Isn’t that above the average cable bill in the US ? Well these numbers get ambiguous  when it is not clearly stated if internet is part of the package.  (The $54 package does NOT include internet).

I like this Quartz piece which in turn pointed me to the actual Time Warner Cable data where we read these averages for 2014:

video: $76.93
internet: $46.92
total: $123.85

These are good actual numbers to use when comparison shopping and now we can see that the Verizon’s cheapest video only lineup might actually save us about $22 per month if we’re content with it.

But internet is almost a must have in today’s world. If we go to Verizon’s cheapest package with internet at $64.99 we would be saving  $58.86 over the TWC average. Of course our “savings”  comes from the fact that we are simply getting less content i.e. channels.

Conclusion? Cord cutters are having an impact and the Pay TV providers are fighting back in a basic way – by offering low cost options. Of course if you really want to save some dough, shop for your best internet package, put up an antenna, subscribe to Netflix, and cut the cord entirely.

 


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2 Responses to Verizon FiOs Custom TV: Will it actually save you money?

  1. Augustine says:

    This is to be expected. The status quo does not want to change and offers the same old six as half a dozen as if it were revolutionary. Such deceptive tactics and ill will is how even cartelized and de facto monopolized industries collapse when disrupted.

  2. Greg says:

    Agreed. The disruption in this case is much more slow and painful than for the case of music, but it is a disruption.

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