Verizon announces HomeFusion, residential LTE service

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Verizon has been rapidly expanding its LTE coverage ever since they flipped the switch on the network on December 2010. Now, with 4G LTE service from Verizon available in 230 markets across the US, the company has decided its time to bring LTE into homes as a wired replacement.

The new HomeFusion Broadband service is available nationwide — or rather the two-thirds currently covered — and will provide transfer rates of 5 to 12Mbps for downloads and 2 to 5Mbps uploads. That’s in line with an average DSL or a basic cable Internet connection, though it will be significantly more expensive. Verizon is mainly targeting rural areas that are covered by its LTE network but not by a cable broadband provider.

The service requires the installation of a cylindrical antenna that will set you back $200 to start with. From there, plans start at $60 per month for a 10GB bucket of data, $90 for 20GB and go up to $120 for 30GB.  For every gigabyte that you go over your plan Verizon will charge an extra $10.

The move is expected to complement Verizon’s wired territories where it offers FiOS fiber optic service, which offers speeds up to 150Mbps. The company says it will have LTE in at least 450 markets by the end of the year, and by 2013 their LTE footprint is expected to match their current 3G footprint.

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