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Optimum vs. Verizon Fios: Which is the Better Option?
Choosing an Internet provider can be a difficult task, especially if you have several strong contenders available in your area. Verizon Fios and Optimum by Altice both offer competitive prices, unlimited data, quick download speeds, and zero contracts. Still, both services have distinguishable features. Here we will discuss the key similarities and differences between both options.
How does the set-up process work?
First and foremost, let’s discuss the set-up process! Neither Optimum nor Verizon Fios offer self-installation! Both companies charge a one-time fee of $99 for a scheduled professional installation. Optimum’s professional installation service includes Wi-Fi configuration for up to six devices, the hardwiring of one device, and assistance with setting up your Optimum account. If you are interested in setting up more devices with Optimum, you can opt for the premium installation which costs $129 or $59 through the website, available as an installation option when choosing an Optimum plan. Verizon Fios, however, does not offer the premium option. Additionally, Optimum requires a modem for Internet access which costs $10 a month. Verizon offers two options, you can either rent a modem for $15 a month or buy it for a one-time cost of $299.99.
How much does each Internet service provider cost?
Since we have already covered the installation processes and costs, we will now dive right into the price comparisons. Optimum costs about $35-$50 per month whereas Internet service through Verizon Fios ranges from $39.99-$79.99 per month.
What service types are offered by Optimum and Verizon Fios?
Optimum offers both cable and fiber to an estimated 12.9 million people spanning four U.S. states whereas Verizon Fios offers fiber to approximately 35.8 million people across ten states. The key difference between fiber and cable is that cable is sent through copper TV lines whereas fiber is made of plastic and used mainly for Internet service. Fiber is typically considered the better option because it provides high-bandwidth connections allowing for speedy uploads. In addition, fiber tends to suffer less from slowdowns caused by high traffic. Choosing between fiber and cable is like choosing between driving to your local city during rush hour or taking the express train. Whatever the reason may be, some people simply prefer driving and some people prefer cable. Optimum understands this and offers you both. It should also be noted that fiber is not an option in all locations due to the high costs in some areas. The good news is that Optimum does still offer cable if fiber is not an option where you reside.
Where will I get more bang for my buck?
Optimum and Verizon are both highly regarded and recognized for their quick Internet service. Upon further evaluation, we discovered that Optimum and Verizon both have Internet speeds that range from 200-1,000 Mbps. More specifically, we found that Optimum costs $35/month for 300 Mbps while Verizon charged $39.99/month for 300 Mbps. Furthermore, Optimum costs $40/month for 500 Mbps whereas Verizon charges $59.99/month for 500 Mbps. If you need quicker speeds, Optimum charges $45/month for 940 Mbps whereas Verizon charges $79.99/month for the same speed.
**These Verizon prices apply only if you're enrolled in auto-pay. Additionally, customers are eligible for a $5 discount for two years if they opt for the 1GB plan.
All in all, Optimum’s prices for the 300 and 500 Mbps plans are either similar to or less than what Verizon Fios and other Internet providers charge for similar offerings. For example, Optimum's 1 Gig (940 Mbps) option is more affordable than Verizon’s Fios Gigabit Connection plan.
|300 Mbps for $35/month||300 Mbps for $39.99/month|
|500 Mbps for $40/month||500 Mbps for $59.99/month|
|940 Mbps for $45/month||940 Mbps for $79.99/month|
What other features do they offer?
Optimum enables customers to choose double play or triple play packages prior to customizing them. Some of these bundles include promotional benefits such as Triple Play packages, including Optimum 200, Preferred Cable TV (Optimum TV service), and home phone service (Optimum Voice). Many of Optimum’s packages include unlimited data and are contract-free. They are even willing to buy you out of your current contract for $500 and they will not require you to sign up for another. There are no termination fees and they even offer a 30-day money back guarantee.
Verizon offers Internet-only plans as well as bundles consisting of Fios TV, YouTube TV, digital voice phone plan, and their Verizon protect home plan. Verizon also offers unlimited data and requires no contracts for any of their plans, meaning no early termination fees. Both Optimum and Verizon offer promotional rates, the caveat being that you must enroll in auto-pay and paper free billing to take advantage of them.
So what is the best deal overall?
If you are being mindful of your budget, Optimum is the better choice. This is because Optimum offers more flexible options with quick speeds and lower prices per megabit. Still, Verizon Fios offers reasonable prices and impressive speeds, allowing for quick and efficient gaming, streaming, and downloading. Both Internet service providers offer various bundles, flexibility, and great customer service.
Disclaimer: Data as of 06/03/21. Offers and availability may vary by location and are subject to change.