The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK (Trefis) -- Verizon recently announced new FiOS package bundles that allow customers greater flexibility and cost savings, while choosing a plan by adding flexibility to its national triple play packages. The goal is to give customers greater flexibility -- for instance, those who want Internet and voice services but don't need cable TV. So what does this indicate for Verizon and competitors like AT&T, Comcast and Time Warner Cable? Below we take a quick look.
Our price estimate for Verizon stands at $34.48, which is slightly below the current market price.
Focus on Tapping Existing Coverage Areas
Verizon and AT&T could initially justify the high upfront costs for building out its fiber-optic networks by offering more expensive bundled packages in order to generate higher average revenues per user. However, Verizon recently announced its plans to shift its focus on bundling voice and Internet services while giving subscribers the option to leave TV out of the package.
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