Tuesday, August 23, 2005

Yahoo, Verizon launch discount DSL service

An AP newswire article, via MSNBC, reports that:

Verizon Communications Inc. and Yahoo Inc. have teamed up to launch a cheaper high-speed Internet service designed to compete against cable operators and dial-up service providers.

For $14.95, subscribers will be able to download Web pages via a digital subscriber line at speeds of up to 768 kilobits and upload data at 128 kilobits. The cheaper service, which requires a one-year contract and has a price hike after 12 months, offers Yahoo premium services, such as antivirus protection, on-demand music videos and unlimited photo storage, according to an advertisement on Yahoo's site.

Sunnyvale-based Yahoo was expected to announce formally the Verizon launch Tuesday, but an advertisement found on the company's Web site Monday night detailed the DSL offering. John Reseburg, a Yahoo representative, confirmed the accuracy of the ad.

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