10Gbps Internet for $400 a month can be yours if you move to Vermont

A telecommunications company in rural Vermont says it has just begun offering 10Gbps Internet speeds to homes for $400 a month. Vermont Telephone (VTel) was already selling symmetrical gigabit Internet to residents for just $59.95 per month, an even better deal than Google Fiber. But availability is limited to VTel's rural customer base of about 18,000 homes and businesses in and around Springfield (VT) which are being converted from copper to fiber thanks to substantial help from the federal government.

The company is decommissioning its copper network. "VTel’s new 10 Gig residential Internet has been made possible by an $85 million VTel telephone network award from the US Department of Agriculture’s Rural Utilities Service (RUS)," VTel said in the announcement of its 10Gbps service. "This RUS project is expected to be complete by June 30, 2015, on budget and on schedule."