Verizon Raises FiOS Prices, but Hardly Mentions It

It takes a lot of moxie to raise prices in a deep recession, particularly when you are the newcomer to a hotly competitive market. But that's exactly what Verizon is doing with its FiOS service. In many markets, the company is raising the price of basic triple-play bundle (TV, Internet and Phone) to $109 from $99. However gutsy it may be, Verizon didn't want to talk about its price increases. It called a video press conference Monday, to boast about the faster Internet speeds, as well as new promotions and new local TV news channels for Long Island and northern New Jersey. The price increases were not mentioned.