Verizon Fios has introduced a new 5Gbps home internet plan that more than doubles the speed of its previous flagship offering, delivering fiber-optic performance that rivals some of the fastest residential connections available in the United States. The new tier arrives as competition in the multi-gigabit broadband space continues to heat up.

Pricing and Availability

The 5Gbps plan — marketed as “5 Gig” — is available for $105 per month in select Fios service areas. New customers switching from another provider can lock in a promotional rate of just $90 per month for a full five years, an unusually long price guarantee in an industry where introductory rates typically last 12 to 24 months. Existing Fios subscribers upgrading to the new tier receive a three-year price lock at the standard $105 rate.

How It Stacks Up

At approximately 625 MB/s, Verizon’s 5 Gig plan sits comfortably in the upper tier of consumer broadband. It handily beats the company’s previous 2Gbps flagship while undercutting several competitors on price:

• Google Fiber offers an 8Gbps Edge plan for $150/month and a 3Gbps tier for $100/month, putting Verizon’s 5Gbps offering in a competitive middle ground.
• AT&T’s 5Gbps plan runs $135 per month, or $95 per month for the first year for new customers — making Verizon’s $90 five-year lock a significant bargain in comparison.
• Ziply Fiber holds the raw speed crown with a 50Gbps plan at $900 per month, but that service is aimed at a very different audience.

Real-World Impact

For the average household, 5Gbps is enough to handle almost anything the modern connected home can throw at it. Verizon notes that the connection can download a 100GB game patch in roughly two and a half minutes, and the bandwidth is sufficient to simultaneously support VR headsets, 4K streaming on multiple screens, home security cameras, and bandwidth-intensive video calls without contention.

The plan uses Verizon’s existing fiber-to-the-home (FTTH) infrastructure, meaning no special construction or equipment upgrades are required for current Fios customers in eligible areas. Verizon ships its latest Wi-Fi 7 router with the tier to ensure the wireless side of the connection doesn’t become a bottleneck.

A Strategic Move

The timing of the 5Gbps launch reflects Verizon’s broader strategy to defend its position in the premium home broadband market against both traditional rivals and newer entrants. As work-from-home and heavy streaming use cases continue to drive demand for higher speeds, Verizon is betting that a compelling price-to-performance ratio — rather than chasing headline speed records — will win over the customers who actually need multi-gigabit service.

The five-year price lock for switchers is particularly notable, signaling that Verizon is willing to trade short-term revenue for long-term subscriber retention in a fiercely competitive landscape. For households in Verizon’s fiber footprint who have been holding out for a reason to upgrade, the 5 Gig plan at $90 a month may be exactly that reason.