Verizon on Monday launched their fastest FiOS Internet package to date for business and residential customers. It's not quite on the same level as Google Fiber but Verizon's new Quantum tier is capable of 500Mbps down and 100Mbps up which is still seriously fast by most standards.

Naturally, an Internet package of this caliber won't come cheap. If you're a business, the only option at this time is a standalone Internet package that will set you back $369 per month. Residential customers can save a little by bundling the Quantum tier with a cable package starting at $309.99 or adding phone service as part of a triple play for $329.99. A two year service agreement is required in either case for residential service and either way you slice it, service isn't cheap.

We are also told that users can elect to purchase the service on a month to month basis without a contract but interestingly enough, Verizon didn't provide pricing for this model. That fact alone should be pretty telling as to how much it'll cost.

The service is being rolled out in parts of every current FiOS market although you'll want to check locally to see if you can get it. The telecom said they plan to make the Quantum tier available to everyone currently covered by FiOS service by the end of next year.

Unfortunately, if you don't already have access to FiOS in your area, you won't be getting it anytime soon. That's because Verizon confirmed the FiOS rollout was over more than a year ago. Once Verizon fulfills its franchise build-out obligations, it is game over.