Verizon Communications’ fiber-to-the-home network plan proved to be an excellent business idea as it managed to upgrade the download speeds, allowing its subscribers to access applications such as photo sharing and video downloading much easier in addition to its offer of wireless phone services and a TV option.

"The appetite for bandwidth shows no sign of slowing down," the company's Chief Operating Officer Denny Strigl said in a statement, earlier this month, as quoted by CNet. "Neither will we," he added.  

The company is offering two sets of prices, one for download speeds of 50 megabits per second, with uploads of 20 Mbps at a monthly fee of $140 and another with download speeds of 20 Mbps and 20 Mbps upload speeds for a $65 fee.

The service is available in all the 16 states where Verizon operates, including New York, New Jersey and Massachusetts.

The company’s goal is to pass the bar of 18 million homes with fiber until 2010.

Verizon considers that its current investments present a huge potential for its network and subscribers, as it demands further development in order to attract the potential users. At this point, out of its 67 million cellphone customers, only 1.2 million have subscribed to Fios.

AT&T encountered a similar problem, with only 379,000 of its 71 million cellphone users have signed up for its U-verse TV option.

As soon as the exposure will rise and the benefits of such a feature will be better understood, surely many more will consider it a good acquisition.