Verizon is launching a new “Lite” home internet plan for people in areas previously not covered by its fiber and 5G internet. The new plan offers download speeds of up to 25Mbps, but it costs as much as $60 per month without any discounts.
Verizon says its Lite plan is best for “light” internet usage in homes limited to “older, less reliable options like DSL or satellite.” Customers who already use Verizon for their postpaid mobile phone service will benefit the most from the heavy discounts. You’ll save $15 / month when the service is combined with a mobile plan.
It’s also offering a $10 monthly discount for paperless billing and autopay, along with an additional $10 discount available for three years if mobile phone customers sign up before December 31st. All these discounts bring the price down to $25 per month.
Though Verizon’s Lite plan may be ultra-cheap if you’re able to take advantage of the price cuts, it’s quite slow when compared to other budget internet plans. T-Mobile’s cheapest home internet plan, for example, costs up to $55 per month for download speeds up to 415Mbps.
Verizon will throttle your service by up to 10Mbps after the first 150GB of data usage in one month, while T-Mobile will start slowing down internet speeds if customers use more than 1.2TB in one month. Like T-Mobile, Mint Mobile’s new prepaid home internet plan also offers download speeds of up to 415Mbps, but it will start throttling data after 1TB of usage and costs up to $50 per month.